// mentors
Industry leaders on your side from Day 1
CEOs and leaders from the industry's top firms have committed to serve as sounding boards, broker introductions, and pressure test our ideas. It's a network you'd otherwise spend years assembling.
Bhaji IlluminatiCentrifugeCEO
Guy YoungEthena LabsFounder
Nick DucoffSolanaHead of Institutional Growth
Mark HullKaminoContributor
Jacquelyn MelinekCEO and FounderToken Relations / Strata Media
Keone HonMonadFounder and CEO
Luigi D'Onorio DeMeoAave LabsChief Strategy & Business Officer
Dmitry TokarevCopper, BronFounder
Dan RobertsOnReCEO and
Co-FounderAyyan RahmanOnReCGO and
Co-FounderMartin BrunckoSchumanCEO
Mike TaylorWTG VenturesCEO
Matteo PandolfiParetoFounder and CEO
Daniel BronheimCoinbaseLead, Base Ecosystem Fund
Seraphim CSolana FoundationSpecial Situations
Thomas Le FortExponentFounder and CEO
TN LeePendleCo-Founder
Todd StevensFigureChief Capital Officer
Stepan SimkinSquadsCo-Founder
20+mentors on call
Across custody, exchanges, infrastructure, lending, onchain allocators, and more. Dedicated time with each of our teams.
// how we work
Work in our global offices
We fly you to a RockawayX office (Dubai, Prague, or London) for workshops with the verticals that would be your first customers: product and risk sessions with the team that underwrites our own book, then liquidity and integration planning with the people who will quote and curate it.
// what comes out
Company building
We can incubate, ideate and build your company alongside you, block by block.
// who you sit with
All of RockawayX's verticals
Dedicated time with each team who you'd need to succeed.
// your first partners
Co-developed launch plan
Structuring, risk, liquidity and integrations with a strong go-to-market.
// terms
No standard terms, on purpose.
Check size, instrument, liquidity commitment and vault allocation are all variables tailor-made for your team.
// fixed
- Company Building
- Product structuring
- Support from our team
- Access to mentors and network
// negotiated
- Check size
- Instrument
- Liquidity commitment
- Vault allocation
// case study
Reinsurance yield onchain, from zero to fintech success in one year
OnRe brings traditional reinsurance yield onchain as ONyc. We incubated the project and every vertical in the offering played a part. We funded it, seeded onchain liquidity, curated vaults to allow wider access, and oversee secondaries.
- TVL in just over a year
- $300m
// step 01 of 2// step 02 of 2
Incubating and launching the company
We identified (traditional) reinsurance returns as an ideal yield profile to be available to onchain investors. Then, found the right way to make that a reality.
CEO Dan Roberts had been working to disrupt reinsurance for years; he knew how to build a top-tier underwriting function and acquired a (Bermuda) license to accept digital assets as collateral for reinsurance portfolios. We joined forces to create a leader in tokenized reinsurance.
The resulting product? We reshaped the offering from being an investment pool for reinsurance into a yield-bearing token, with returns from the underlying portfolio.
Seeding Liquidity and Designing Incentives
RockawayX provided the initial LP capital into the onchain product and designed an incentive program that could attract sustainable capital. We connected OnRe to other active LPs and co-created and executed on the GTM strategy.
Co-Founder Matchmaking
Founder, Dan Roberts, brought deep reinsurance and technical expertise. We found him his DeFi savvy match in Ayyan Rahman, who had built and sold a company to Circle.
He served on Circle’s DeFi team after the sale, the ideal perch from which to master onchain capital markets’ inner workings.
As a co-founder at OnRe, he is responsible for accelerating integrations across key investment venues and securing partnerships with issuers, platforms, and LPs that accelerate adoption.
First Integration and Market Making
RockawayX is a longtime investor in and lender on Kamino, the dominant Solana DeFi platform. We worked closely with the Kamino and OnRe teams to launch the first OnRe market, providing a simple and trusted way for users to access the yield-bearing (ONyc) token. RockawayX seeded $4m in liquidity for the AMM pool with a market making bot to ensure price stability for the token.
From the start, we saw how OnRe would highlight DeFi's composability advantages; via the Kamino partnership, users can effectively borrow (USDC) against their position in the reinsurance pool, making it more liquid and capital efficient. Through OnRe’s integration with Exponent, another RockawayX portfolio company and close partner, users can split positions into principal and yield tokens, to lock in stable returns or trade a variable yield.
Once DeFi protocols knew a trusted and frequent partner was providing liquidity, intros and integration talks went smoothly.
Product Curation and Ongoing Liquidity
RockawayX’s vault curation team worked closely with our liquidity arm to help integrate and underwrite risk for OnRe across other leading onchain markets. ONyc is a key constituent in RockawayX’s RWA vault, the first to offer users access to a diversified basket of institutionally-underwritten RWA assets. That vault scaled quickly past $60m AUM, a testament to the growing demand for actively managed onchain credit products.
The risk curation team continues to work with OnRe to expand access to its yielding token across ecosystems (e.g. Ethereum venues) and platforms, and RockawayX’s capital is used to facilitate redemptions and help absorb liquidations as the portfolio expands.
“Rockaway have created an environment for early stage ventures to skyrocket throughout the digital asset ecosystem. By providing liquidity, seed capital, credit assessment, market making and other tools as part of their complete infrastructure,
Rockaway are the best strategic partner to bring new onchain products to market, quickly and safely.”
“The hard part of RWAs was never the tokenization. It's everything after: who buys the asset, where it trades and what happens when someone needs to get out. We've spent years building the teams that answer those questions. Catapult is us saying to credit experts: bring the asset, and we'll build the rest with you.”
// apply
Got an idea for the next $100m+ onchain product? We want to see it.
Apply// questions
Questions
Is this a cohort?+
No. Applications are rolling and each team is assessed on its own. There's no start date and no demo day.
What are the terms?+
Built around the asset. Check size, instrument, liquidity commitment and vault allocation are all negotiated, and we'll show you the shape of a term sheet after diligence. We do very few of these, which is why we can price each one on its own merits.
How much liquidity will I get?+
The program can commit up to $20m of secondary liquidity out of a dedicated DeFi vehicle. What's committed to your asset depends on diligence, and we'd rather you plan around a number that holds.
Do I have to be crypto-native?+
No. Some of the best RWA founders spent years originating or underwriting the asset before they went near a chain. If you know the asset class and need onchain distribution, or you have the distribution and need the credit expertise, we'll fill the other half.
Where do I need to be?+
Anywhere. We fly you in for the core workshopping at one of our HQs, and you go back to building.