catapult

According to CoinDesk, digital asset investment firm RockawayX announced an investment of $150 million to launch the Catapult program, aimed at bringing more private credit and other yield-generating real-world assets on-chain, betting that lending linked to the real economy will become one of the largest markets in the crypto space.The investment firm, which manages approximately $2 billion, stated that Catapult will provide venture capital, product structuring, liquidity, market making, and distribution support for tokenized credit products. RockawayX currently operates early-stage venture funds, market-neutral funds providing liquidity to DeFi protocols, and a vault business deploying about $300 million, and acquired the crypto hedge fund Relayer in August.According to RWA.xyz data, the scale of tokenized real-world assets such as bonds, stocks, and funds has rapidly grown to approximately $38 billion, but more than half of this is tokenized money market funds. RockawayX expects this market to reach $10 trillion to $20 trillion by 2030, a target higher than the $5.5 trillion benchmark forecast provided by Citigroup analysts. Catapult will focus on areas such as trade and supply chain finance, asset-backed securities, CLOs, and real estate-related credit.RockawayX CEO Viktor Fischer stated that following transactions, yields will become the largest application scenario on-chain, requiring new yield sources of over 12% that are uncorrelated with the crypto market. He pointed out that the appeal of bringing low-liquidity assets on-chain lies in the fact that even if the underlying investments have long redemption periods, market makers can create exit channels.

iTrading platform Catapult Trade announced the completion of a total of $6.6 million in financing across 4 rounds. The seed round investors include KuCoin Ventures, Oddiyana Ventures, Venture Vault VC, and a T1 fund whose name has not yet been disclosed. Angel investors include Blockstreet co-founder and CMO Kyle Klemmer (WLFI and USD1 advisor), veteran trader MacnBTC who entered the market in 2017, and former Manta Network CSO Aamir Ghai (Harvard Blockchain mentor).The private placement round was participated in by operators such as the founder of LIS Skins (with a CS:GO market asset management scale of about $50 million) and the founder of Trady (a multi-chain trading terminal). The KOL round involved over 30 first-line traders and analysts. The financing will support Catapult Turbo (which has achieved a nominal trading volume of $6 billion and a net income of $3.3 million since its launch) and three new products: Gamified Futures, a Gamified Prediction Market powered by Obsidian, and TradFi and crypto classic futures. The $PULT token, as part of the iTrading token plan, is scheduled to launch in the fall of 2026. Strategic round participants will be announced before the TGE and are currently in discussions with several first-line exchanges for listing.

According to the official announcement, Gate DEX BountyDrop has launched the Catapult Trade airdrop event today. Users can enter the BountyDrop module to participate in tasks through the "Events" page of the Gate DEX App. Among all participants who complete the tasks, 238 participants will be randomly selected to share a $15,000 creator package.Gate Wallet is an industry-leading multi-chain crypto wallet that connects over 100 public chains, millions of assets, and tens of thousands of DApps in one place, providing a professional-level DEX experience and the best solutions for every DEX need. BountyDrop is a dedicated earning activity area in the discovery page of Gate DEX, where users have the chance to win rewards or participate in a lottery to obtain airdrop tokens by completing simple tasks.

ChainCatcher news, the DAO management tool Catapult has completed a $5 million seed round financing, led by Blockchain Capital, with participation from Eden Block, Orange DAO, and Reverie, as well as Stani Kulechov from Aave and Ryan Berken from Teller.It is reported that Catapult was initially developed as an entry tool for the decentralized community Index Coop, utilizing on-chain data to build rich anonymous member profiles that are searchable and allow for better coordination and communication among members. (The Block)