Solmate (SLMT) Stock: Soars 11% Amid Merger Talks with RockawayX

TLDR:

• Solmate and RockawayX merge to boost Solana’s infrastructure and liquidity.
• Solmate’s stock rises 11% after RockawayX merger announcement.
• Merger to enhance Solmate’s asset management, market-making, and staking.
• Abu Dhabi to become a Solana infrastructure hub with Solmate and RockawayX.
• Solmate expands reach with RockawayX’s venture funds and regional focus.

Solmate (SLMT) saw its stock rise by 11%, reaching $2.62 following news of a strategic merger with RockawayX.

Brera Holdings PLC, SLMT

The announcement comes as both firms aim to expand their presence in the Solana ecosystem. The merger will combine Solmate’s treasury operations with RockawayX’s infrastructure and market-making services, creating a robust digital asset infrastructure firm. The deal, which will close in early 2026, is seen as a significant move to strengthen both companies’ positions in the growing blockchain industry.

RockawayX Joins Forces with Solmate to Build Solana Infrastructure

Solmate’s planned merger with RockawayX is a pivotal step toward creating a unified entity that integrates infrastructure, liquidity, and asset management. RockawayX’s operations, including its staked assets, hardware, and software for various blockchains, will complement Solmate’s existing business model.

Solmate’s focus on Solana’s staking and validation offerings, especially in the Middle East, will benefit from RockawayX’s established presence in the region. This collaboration is expected to help Solmate enhance its competitive edge by expanding its infrastructure capabilities and scaling its liquidity and market-making services.

Marco Santori, CEO of Solmate, expressed that this merger would be “the Infrastructure Flywheel,” combining both companies’ strengths. The firms have previously partnered to provide Solana staking services in the UAE, a move that aims to bring critical performance advantages to market makers and traders. Solmate and RockawayX also plan to leverage this partnership to generate high-yield staking services while reducing latency for traders. The combination of both firms’ expertise aims to position Abu Dhabi as a hub for Solana infrastructure in the Middle East.

Solmate Expands Treasury and Asset Management with RockawayX Merger

The merger with RockawayX will allow Solmate to extend its reach in digital asset management and market-making. RockawayX has a history of investing in blockchain projects, having backed key Solana-based startups. Their market-neutral private credit fund and liquidity services will support Solmate’s treasury, which plans to grow through both staking and lending operations. RockawayX’s venture funds, currently managing assets in the range of $1.1 billion, will further strengthen Solmate’s ability to scale its operations.

The new entity will operate under the ticker SLMT on Nasdaq, with RockawayX continuing as a subsidiary. Santori and Fischer, the CEOs of Solmate and RockawayX respectively, will lead the combined entity, with Fischer taking on the role of Executive Chairman. This leadership transition indicates a strong integration between the two companies and sets the stage for future expansion in both infrastructure and asset management. Solmate’s strategic focus on the UAE will ensure that the combined entity can leverage the region’s institutional capital and favorable regulatory environment, further solidifying its position in the global blockchain market.

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