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

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...