Rockaway Capital is an investment group of Jakub Havrlant (CEO and the only 100% shareholder) founded in 2013 with a focus on digital technologies, which includes the Rockaway Blockchain Fund. The Rockaway Capital portfolio also includes the Mall Group e-commerce platform, the Heureka Group comparator, the Invia travel agency, the Wedo carrier or Rockaway Blockchain. Rockaway Capital manages assets totaling over $ 900 million.
It is venture capital, which means investing in the expansion of unincorporated companies at an early stage of development. Venture investor usually supplies money for growth and counts on the so-called exit, when the share in the company is sold or bought by the owner. Venture capital is high risk precisely because it takes place at an early stage in a company's life cycle. The venture investor is also actively involved in the management of the company.
Rockaway Blockchain Fund is Europe's largest venture capital fund focused on $ 100 million digital assets under Rockaway Capital. The entire 30 % goes to funds and 70 % directly to companies.
Basic data
- Currency: CZK
- Target yield: 30 % pa
- Entry fee: max. 3 % target amounts
- Management fee: 1.8 % pa
- Minimum investment: CZK 1 million
- Type: fund of qualified investors (cryptoplot)
- Exit fees: 0-5 from inception can not be redeemed, 6-8 years 40 % value, 9-10 10 % and 10 and more 0 %
The Rockaway Blockchain Open-End Mutual Fund (RBOPF) had to be established in order to be able to invest more investors in the Rockaway Blockchain Fund (RBF), starting at CZK 1 million. RBOPF was established in April 2021 and the investment is possible through J&T Bank. RBOPF therefore invests exclusively in RBF. Until then, people could invest min. $ 1 million.
History of the Rockaway Blockchain Fund
In June 2020, Rockaway Capital announced the creation of a new Rocakway Blockchain Fund. However, Covid-19 has been operating here since March 2020, so there were concerns from investors. But managing partner Viktor Fisher managed it and set up a fund to raise $ 100 million to invest in blockchain projects.
Eight months later, however, "his" portfolio with 22 startups and VC funds showed an astronomical appreciation of over 500 %, which can be largely attributed to cryptocurrency, but also indisputably solid management.
The fund mainly deals with blockchain finance (DeFi).
Viktor Fisher
You probably know Jakub Havrlant as the founder of the Bezrealitky.cz service, but Viktor Fisher, the founder and partner of the Rockaway Blockchain Fund, is no longer known to many people.
In an interview with Pavel Kakouš, the fund's partner Viktor Fisher revealed that the platforms for DeFi projects have been programmed since 2016, but they were not launched until three years later and we are now (2020/21) seeing their fruit. The covid and closed bank branches also helped everything. Blockchain and its smart contracts can do the paperwork around the loan or savings account automatically, which is amazing. But it is still not possible to work fully in DeFi - the accountant is afraid of cryptocurrencies and you just won't pay with a cryptodollar (USDC).
Viktor Fisher also admitted that he has most (over 80 %) of his money on the blockchain. He sees as the biggest problem the difference between the DeFi world and cryptocurrencies from the traditional financial world of money issued by the state. Suddenly, absolute trust in the third party disappears and people do not understand it. The solution is for people not to even know that there is a blockchain behind the service, which I can only agree with.
How to invest in a Rockaway Blockchain Fund
How does it work? Will I put money in a fund that invests it at its discretion and gives me a share? Or how? Good question.
In fact, all you have to do is have at least a million crowns and contact a banker from J&T Bank, who will provide you with the details.
Apparently, the fund invests in cryptocurrency DeFi projects directly by purchasing their token like anyone else and only actively participates with companies without their own digital token (eg Oasis Labs).
Portfolio Rockaway Blockchain Fund
Projects
- Wintermute - an algorithmic centralized market-maker (because supply-demand pairing - because there are no "comparators" in DeFi) named after artificial intelligence in the book Neuromancer (classic work of cyperbunk)
- Blockdaemon - Provider of blockchain infrastructure (blockchain nodes) for institutional investors
- Bitcoin Suisse - Swiss cryptostartup providing trading, cold storage for institutions, loans, staking, etc.
- BCB Group - provider of bank accounts for blockchain-related businesses
- Solana - High speed DApps and DeFi platform
- Terra - Blockchain payment network for e-commerce
- exchange - aggregator of decentralized exchange offices (selects the best liquidity location)
- Uniswap - a legendary decentralized exchange office on Ethereo
- Cyber - DeFi protocol for the exchange of tokens within the tokenization of commodities, real estate, jewelry, etc.
- Vega - decentralized financial derivatives exchange
- Opium Protocol - a permissionless platform for derivatives (especially exotic ones, the introduction of which in the traditional financial world was impossible)
- Agoric - smart contracts in JavaScript across various blockchains
- Siren Markets - tokenization of option contracts
- Sushiswap - Similar to Uniswap
- Centrifuges
- Oasis Labs - programming of applications securing data privacy (homomorphic encryption: D)
Funds
- Polychain Capital
- Multicoin Capital
- Pantera Capital - the first company in the United States to invest in blockchain
- Blockchain Ventures - a subsidiary of Pantera Capital and an investor in DLT
- 1kx - a token fund that seeks extensive integration of cryptoeconomic incentives