LogoBlack
ENarrow-down
  • JP
  • EN
Crypto

Solmate Purchases ¥7.5 Billion Worth of Solana, with Ark Invest Becoming a Major Shareholder

2025/10/15 15:37 (Updated 2025/10/15 18:01)
CoinPost
Written by Enzo
SHARE
  • sns-x-icon
  • sns-facebook-icon
  • sns-line-icon
Solmate Purchases ¥7.5 Billion Worth of Solana, with Ark Invest Becoming a Major Shareholder

Purchase of Approximately ¥7.6 Billion Worth of SOL

On the 14th, Nasdaq-listed Solmate Infrastructure (NASDAQ: SLMT) announced the direct purchase of Solana (SOL), the native asset of the Solana ecosystem, worth $50 million (approximately ¥7.6 billion) from the Solana Foundation. The purchase was made at a 15% discount from the market price, although the specific unit price was not disclosed. The acquired SOL will be used to operate the company's Solana infrastructure, enhancing its crucial role in the UAE's digital transformation agenda. Solmate...

SHARE
  • sns-x-icon
  • sns-facebook-icon
  • sns-line-icon
Side Banner
Side Banner2
Side Banner
Side Banner2
MAGAZINE
Iolite Vol.17

Iolite Vol.17

January 2026 issueReleased on 2025/11/29

Interview with Andrea Baglioni, Head of Capital, Solana Foundation, Iolite FACE Vol. 17 PHOTO & INTERVIEW: Hiroaki Miyata Features: "How to Attend International Conferences" and "Predicting 2026: A Map of the Future of Crypto Assets at a Crossroads" Crypto Journey: "From FASTNAIL to a DAT Company: Convano's Financial Strategy for Holding 21,000 BTC" Interview with Taiyo Azuma, Director of Convano Inc. Series: "An Expert's Perspective on the Fluctuating Crypto Asset Market" by Kasou Nishi Series: Tech and Future by Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.17

January 2026 issueReleased on 2025/11/29
Interview with Andrea Baglioni, Head of Capital, Solana Foundation, Iolite FACE Vol. 17 PHOTO & INTERVIEW: Hiroaki Miyata Features: "How to Attend International Conferences" and "Predicting 2026: A Map of the Future of Crypto Assets at a Crossroads" Crypto Journey: "From FASTNAIL to a DAT Company: Convano's Financial Strategy for Holding 21,000 BTC" Interview with Taiyo Azuma, Director of Convano Inc. Series: "An Expert's Perspective on the Fluctuating Crypto Asset Market" by Kasou Nishi Series: Tech and Future by Toshinao Sasaki, etc.