Overview
- Solmate signed a non-binding term sheet for an all-stock purchase of RockawayX, targeting a combined platform with over $2 billion in assets and third-party stake.
- Marco Santori would lead the group as Solmate CEO, Viktor Fischer would run the RockawayX subsidiary while serving as Solmate’s executive chairman, and Rockaway Capital’s Jakub Havrlant would join the board.
- RockawayX’s validator, market-making and solver operations, lending, and venture/credit funds would move under Solmate, with about $1.1 billion currently staked and disclosed fund sizes near $771 million (Fund I), $162 million (Fund II), and $103 million (credit).
- The companies plan regional expansion after launching Solana infrastructure in the UAE in November, enabling local staking and reduced latency for exchanges and high-frequency traders.
- The transaction still requires definitive agreements plus regulatory and shareholder approvals, with a targeted close in the first half of 2026, and SLMT shares were reported higher in initial trading following the announcement.