The post Solmate moves to acquire RockawayX to build $2B Solana powerhouse appeared on BitcoinEthereumNews.com. Key Takeaways Solmate Infrastructure is pursuing an all-stock acquisition of RockawayX. The combined entity is valued at $2 billion and centers around the Solana blockchain ecosystem. Solmate, a publicly traded Solana-focused digital asset infrastructure company, has reached a preliminary agreement to acquire RockawayX. The proposed transaction would create a combined entity with more than $2 billion in assets under management, including third-party stakes. The merger would bring together Solmate’s validator operations, staking infrastructure, and treasury strategy with RockawayX’s liquidity provisioning, market-making, and venture investing in early-stage Solana projects. RockawayX currently manages multiple funds backing Solana ecosystem companies. Solmate rebranded from a previous entity to focus on acquiring and staking Solana tokens while establishing validator operations in strategic locations. The company operates as a digital asset treasury centered on Solana’s native token. The deal reflects increased institutional adoption of the Solana infrastructure. Public companies have been repositioning their treasuries to focus on digital assets related to the blockchain platform, contributing to institutional-scale operations within the network. Solana has attracted increased institutional interest through its high-speed transaction capabilities and growing ecosystem of decentralized applications. The platform benefits from strategic backers launching funds for early-stage projects, signaling deeper institutional integration across the network. Source: https://cryptobriefing.com/solmate-acquires-rockawayx-2b-solana-powerhouse/The post Solmate moves to acquire RockawayX to build $2B Solana powerhouse appeared on BitcoinEthereumNews.com. Key Takeaways Solmate Infrastructure is pursuing an all-stock acquisition of RockawayX. The combined entity is valued at $2 billion and centers around the Solana blockchain ecosystem. Solmate, a publicly traded Solana-focused digital asset infrastructure company, has reached a preliminary agreement to acquire RockawayX. The proposed transaction would create a combined entity with more than $2 billion in assets under management, including third-party stakes. The merger would bring together Solmate’s validator operations, staking infrastructure, and treasury strategy with RockawayX’s liquidity provisioning, market-making, and venture investing in early-stage Solana projects. RockawayX currently manages multiple funds backing Solana ecosystem companies. Solmate rebranded from a previous entity to focus on acquiring and staking Solana tokens while establishing validator operations in strategic locations. The company operates as a digital asset treasury centered on Solana’s native token. The deal reflects increased institutional adoption of the Solana infrastructure. Public companies have been repositioning their treasuries to focus on digital assets related to the blockchain platform, contributing to institutional-scale operations within the network. Solana has attracted increased institutional interest through its high-speed transaction capabilities and growing ecosystem of decentralized applications. The platform benefits from strategic backers launching funds for early-stage projects, signaling deeper institutional integration across the network. Source: https://cryptobriefing.com/solmate-acquires-rockawayx-2b-solana-powerhouse/