Ark Invest acquires 11.5% stake in Solmate Infrastructure, the Solana treasury company

ARK Invest, under the leadership of Cathie Wood, has taken an 11.5% stake in Solmate Infrastructure, signifying its commitment to the Solana ecosystem.

Solmate Infrastructure bought $50 million in SOL at a 15% discount from the Solana Foundation, aiming to enhance its validator capacity in Abu Dhabi.

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