RockawayX, a crypto venture firm managing about $2 billion in assets, is raising $150 million for a new liquidity opportunities fund. The fund will invest in undervalued tokens and crypto-related stocks. RockawayX previously acquired crypto hedge fund Relayer Capital. Its founder, Austin Barack, a former CoinFund partner, will remain at the firm and lead the fund. The move comes as peers such as Paradigm and Framework Ventures broaden their focus into areas including AI and robotics, while RockawayX is increasing its digital asset exposure as the crypto market recovers.