Solmate to Acquire RockwayX in an All-Stock Deal, Creating a $2B Institutional Group on Solana

Quick take: Upon completion, the deal will transform Solmate from a passive digital asset treasury into an integrated infrastructure, liquidity, and asset management business. The deal will see Solmate purchase all of the equity of RockawayX in an all-stock transaction. The combined company will continue to trade under the ticker name SLMT on the Nasdaq, with RockawayX’s infrastructure, liquidity, and asset management units folded into Solmate. Solmate, the Abu Dhabi, UAE-based Solana infrastructure company, has announced the acquisition of Web3-focused venture capital firm RockwayX source: https://www.nftgators.com/solmate-to-acquire-rockwayx-in-an-all-stock-deal-creating-a-2b-institutional-group-on-solana/