Solmate, a prominent player in the blockchain space, is taking significant steps to enhance its involvement in the Solana ecosystem by participating in an ambitious Treasury initiative. This move comes as a result of securing an impressive $300 million in funding from a group of investors in the United Arab Emirates, along with contributions from ARK Invest, a well-known investment management firm. This substantial financial backing is expected to strengthen Solmate's commitment to the growth and development of the Solana network, as it aims to leverage these funds to foster innovation and drive further adoption of blockchain technology.
source: https://www.coindesk.com/business/2025/09/18/solmate-joins-solana-treasury-push-with-usd300m-funding-from-uae-investors-ark-invest