The post Solmate Signs Deal to Acquire RockawayX in All-Stock Transaction appeared on BitcoinEthereumNews.com. Solmate, formerly Brera Holdings PLC, has signed a nonbinding term sheet to acquire RockawayX, a deal that would shift the Abu Dhabi–based Solana company from a passive digital-asset treasury to a unified platform offering infrastructure, liquidity and asset-management services. According to Thursday’s announcement, the all-stock deal would see Solmate acquire all of RockawayX’s operations, including its validator infrastructure and onchain liquidity business, as well as its venture and credit funds, creating a combined entity with more than $2 billion in assets under management.  The companies said the merger would combine their staking, hardware, market-making and asset-management lines under a single roof, pending definitive agreements and regulatory and shareholder approvals expected in 2026. Solmate and RockawayX began collaborating last month by launching new Solana validator infrastructure in the United Arab Emirates (UAE), allowing institutions to stake assets locally. The companies say a merger would also let them offer transaction-ordering and other latency-sensitive services for exchanges and high-frequency traders, with Abu Dhabi positioned as a potential center for this activity. RockawayX has invested in early-stage crypto infrastructure and DeFi projects since 2018 and now manages two venture funds and a credit fund, with more than $1 billion in combined investments and staked assets. Solmate’s share price (SLMT) climbed over 6% in early-day trading on the back of the news. SLMT’s intraday performance on the Nasdaq. Source: Yahoo Finance Related: Strategy Bitcoin buys collapse, company braces for bear market: Analyst Digital asset treasury companies continue to evolve Michael Saylor’s company helped establish the early model for digital asset treasury companies, which are publicly traded businesses that hold Bitcoin (BTC) or other cryptocurrencies on their balance sheets. Since 2020, when Strategy made its initial Bitcoin purchase, that model has evolved, with major corporate holders now seeking to diversify their revenue streams beyond simple crypto… The post Solmate Signs Deal to Acquire RockawayX in All-Stock Transaction appeared on BitcoinEthereumNews.com. Solmate, formerly Brera Holdings PLC, has signed a nonbinding term sheet to acquire RockawayX, a deal that would shift the Abu Dhabi–based Solana company from a passive digital-asset treasury to a unified platform offering infrastructure, liquidity and asset-management services. According to Thursday’s announcement, the all-stock deal would see Solmate acquire all of RockawayX’s operations, including its validator infrastructure and onchain liquidity business, as well as its venture and credit funds, creating a combined entity with more than $2 billion in assets under management.  The companies said the merger would combine their staking, hardware, market-making and asset-management lines under a single roof, pending definitive agreements and regulatory and shareholder approvals expected in 2026. Solmate and RockawayX began collaborating last month by launching new Solana validator infrastructure in the United Arab Emirates (UAE), allowing institutions to stake assets locally. The companies say a merger would also let them offer transaction-ordering and other latency-sensitive services for exchanges and high-frequency traders, with Abu Dhabi positioned as a potential center for this activity. RockawayX has invested in early-stage crypto infrastructure and DeFi projects since 2018 and now manages two venture funds and a credit fund, with more than $1 billion in combined investments and staked assets. Solmate’s share price (SLMT) climbed over 6% in early-day trading on the back of the news. SLMT’s intraday performance on the Nasdaq. Source: Yahoo Finance Related: Strategy Bitcoin buys collapse, company braces for bear market: Analyst Digital asset treasury companies continue to evolve Michael Saylor’s company helped establish the early model for digital asset treasury companies, which are publicly traded businesses that hold Bitcoin (BTC) or other cryptocurrencies on their balance sheets. Since 2020, when Strategy made its initial Bitcoin purchase, that model has evolved, with major corporate holders now seeking to diversify their revenue streams beyond simple crypto…

Solmate Signs Deal to Acquire RockawayX in All-Stock Transaction

Solmate, formerly Brera Holdings PLC, has signed a nonbinding term sheet to acquire RockawayX, a deal that would shift the Abu Dhabi–based Solana company from a passive digital-asset treasury to a unified platform offering infrastructure, liquidity and asset-management services.

According to Thursday’s announcement, the all-stock deal would see Solmate acquire all of RockawayX’s operations, including its validator infrastructure and onchain liquidity business, as well as its venture and credit funds, creating a combined entity with more than $2 billion in assets under management. 

The companies said the merger would combine their staking, hardware, market-making and asset-management lines under a single roof, pending definitive agreements and regulatory and shareholder approvals expected in 2026.

Solmate and RockawayX began collaborating last month by launching new Solana validator infrastructure in the United Arab Emirates (UAE), allowing institutions to stake assets locally.

The companies say a merger would also let them offer transaction-ordering and other latency-sensitive services for exchanges and high-frequency traders, with Abu Dhabi positioned as a potential center for this activity.

RockawayX has invested in early-stage crypto infrastructure and DeFi projects since 2018 and now manages two venture funds and a credit fund, with more than $1 billion in combined investments and staked assets.

Solmate’s share price (SLMT) climbed over 6% in early-day trading on the back of the news.

SLMT’s intraday performance on the Nasdaq. Source: Yahoo Finance

Related: Strategy Bitcoin buys collapse, company braces for bear market: Analyst

Digital asset treasury companies continue to evolve

Michael Saylor’s company helped establish the early model for digital asset treasury companies, which are publicly traded businesses that hold Bitcoin (BTC) or other cryptocurrencies on their balance sheets.

Since 2020, when Strategy made its initial Bitcoin purchase, that model has evolved, with major corporate holders now seeking to diversify their revenue streams beyond simple crypto exposure.

On Wednesday, Ether treasury company ETHZilla acquired a 20% fully diluted stake in the automotive finance AI startup Karus. The deal, valued at $10 million, will give ETHZilla access to Karus’s underwriting AI models, which it plans to use to issue onchain, tokenized auto-loan portfolios.

Earlier in 2025, Strategy also introduced STRK, an 8% dividend-paying preferred stock linked to its Bitcoin strategy. While the company had previously used Bitcoin as corporate collateral, STRK was its first investor-facing security structured around its digital asset operations.

Bitcoin miners, which also rank among the largest corporate holders of cryptocurrencies, are likewise revising their business models.

MARA Holdings, the second-largest Bitcoin treasury after Strategy, has been expanding beyond its core business. In August, the company moved deeper into AI by acquiring a 64% stake in Exaion for $168 million. Riot Platforms and CleanSpark have also been expanding into AI and high-performance computing this year.

Top 10 Bitcoin Treasury Companies. Source: BitcoinTreasuries.NET

Magazine: How Neal Stephenson ‘invented’ Bitcoin in the ‘90s: Author interview

Source: https://cointelegraph.com/news/solmate-rockawayx-solana-infrastructure-treasury-abu-dhabi?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound

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