RockawayX Raises $125 Million Fund for Solana Ecosystem Investment

Source
JOON HYOUNG LEE

Summary

  • RockawayX announced that it is launching a $125 million fund to invest in the Solana ecosystem.
  • The fund is primarily planned to be invested in Solana-based startups.
  • Forbes reported that RockawayX has already invested in more than 15 projects within the Solana ecosystem.

Czech-based virtual asset venture capital (VC) RockawayX is launching a $125 million (approximately 180 billion KRW) fund to invest in the Solana (SOL) ecosystem.

According to Forbes on the 24th (local time), RockawayX has recently raised a $125 million fund. RockawayX plans to invest most of this capital in Solana-based startups.

RockawayX is one of the early investors in Solana. It is known that RockawayX is currently managing funds amounting to $2 billion (approximately 2.9 trillion KRW). Forbes reported, "RockawayX has invested in more than 15 projects within the Solana ecosystem."

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JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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