Solmate has completed a discounted acquisition of SOL to power UAE operations, the Solana Foundation has gained board nomination rights, and Ark Invest has disclosed an 11.5% stake as institutional exposure has expanded.Solmate has completed a discounted acquisition of SOL to power UAE operations, the Solana Foundation has gained board nomination rights, and Ark Invest has disclosed an 11.5% stake as institutional exposure has expanded.

Solmate Buys $50M in Discounted SOL from Solana Foundation as Ark Invest Takes 11.5% Stake

2025/10/15 05:41
1 min read
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Solmate has completed a discounted acquisition of SOL to power UAE operations, the Solana Foundation has gained board nomination rights, and Ark Invest has disclosed an 11.5% stake as institutional exposure has expanded.
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