Solmate looks beyond SOL treasury model with RockawayX acquisition
Solmate signed a term sheet to acquire RockawayX, aiming to transform from a passive treasury to a unified platform offering infrastructure and asset management.Summary
Solmate, formerly Brera Holdings PLC, has agreed to acquire RockawayX in an all-stock deal, marking a strategic shift from its current passive digital-asset treasury model. The acquisition will combine RockawayX's validator infrastructure, onchain liquidity business, venture, and credit funds with Solmate, creating an entity managing over $2 billion in assets. This merger aims to unify staking, hardware, market-making, and asset-management services under one roof, pending regulatory and shareholder approvals expected in 2026. The collaboration, which recently launched Solana validator infrastructure in the UAE, also intends to offer latency-sensitive services like transaction-ordering for exchanges from Abu Dhabi. This move reflects a broader industry trend where digital asset treasury companies, inspired by early models like Michael Saylor's, are diversifying revenue streams beyond simple crypto exposure, as seen with other firms expanding into AI and structured financial products.
(Source：Cointelegraph)