Rockawayx Acquires Relayer Capital, Adds L/S Strategy with ~70% Returns

The acquisition signals a consolidation trend in digital asset management, where proven niche strategies are being absorbed to broaden institutional offerings. The ~70% return figure is notable, but the material point is the strategic integration of a long/short approach, which implies a shift toward more sophisticated, alpha-seeking vehicles rather than passive exposure. This affects allocators seeking differentiated risk profiles, and the open question is whether Rockawayx can scale Relayer's strategy without diluting its performance edge—a common challenge when boutique teams are folded into larger platforms.