Solmate Buys $50M in Solana Tokens to Power UAE Infrastructure Buildout
2 Articles
2 Articles
SolMate Buys $50M SOL at -15% Discount: Can Solana Recover Amid Tariff Tensions?
A discounted $50M Solana buy just collided with fresh tariff jitters, testing whether corporate demand can steady SOL in a risk-off week. Abu Dhabi–based Solmate Infrastructure (Nasdaq: SLMT) said on Oct. 14 that it purchased $50M worth of SOL directly from the Solana Foundation at a 15% discount. We bought the dip.Solmate has acquired $50 million of $SOL from the @SolanaFndn at a 15% discount to the market price.This purchase will be used to …
Solmate Buys $50M in Solana Tokens to Power UAE Infrastructure Buildout
Solmate Infrastructure has purchased $50 million in Solana tokens directly from the Solana Foundation to fuel its growing crypto infrastructure footprint across the United Arab Emirates. Solmate’s $50M Solana Purchase Aligns With UAE’s Digital Future The Abu Dhabi-based firm, Solmate Infrastructure (Nasdaq: SLMT), struck the deal during what it called “the worst liquidation event in […]
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