Solmate to Buy RockawayX in All-Stock Deal to Build $2B Institutional Solana Giant

Solmate to Buy RockawayX in All-Stock Deal to Build $2B Institutional Solana Giant

The combined company will fold RockawayX's infrastructure, liquidity, and asset management units into Solmate.

UAE’s Solmate signs term sheet to acquire RockawayX creating a 2 Bln institutional crypto powerhouse

The combined entity would trade under the ticker SLMT

RockawayX to Be Bought by Solmate in $2B Institutional Solana Merger

A crypto market merger amounting to $2 billion in assets and third-party stake. Solmate will buy RockawayX to create an infrastructure giant on the Solana network. Solmate CEO Marco Santori will lead the entity, while RockawayX chief Viktor Fischer will assume the role of executive chairman of Solmate, according to a press release. The merger implies that RockawayX’s infrastructure, liquidity units, and asset management units will be integrated …

Solmate looks beyond SOL treasury model with RockawayX acquisition

The deal would fold RockawayX’s infrastructure, liquidity and asset-management businesses into Solmate, widening revenue streams for the SOL-focused treasury company.

Solmate to Acquire RockawayX in an All-Stock Deal, Creating a $2B Institutional Group on Solana

Quick take: Upon completion, the deal will transform Solmate from a passive digital asset treasury into an integrated infrastructure, liquidity, and asset management business. The deal will see Solmate purchase all of the equity of RockawayX in an all-stock transaction. The combined company will continue to trade under the ticker name SLMT on the Nasdaq, with RockawayX’s infrastructure, liquidity, and asset management units folded into Solmate.…

Solmate (Nasdaq: SLMT) Announces Term Sheet to Acquire RockawayX, Creating Institutional Crypto Giant with Over $2 Billion in Combined AUM and Third-party Stake

Open the article to view the coverage from Crypto Reporter