$300M Solana Bet: Solmate Launches SOL Treasury With ARK Invest Backing in the UAE

TLDR: Solmate raises $300M to launch a Solana digital asset treasury with backing from UAE investors and ARK Invest. Marco Santori, ex-Kraken CLO, will lead Solmate, focusing on SOL accumulation and staking growth. Abu Dhabi will host Solmate’s planned high-performance Solana validator to maximize native yield opportunities. Solmate expects dual listings on Nasdaq and UAE [...]

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