Abu Dhabi Solmate to acquire RockawayX to grow digital asset management
Solmate Infrastructure “Solmate” (Brera Holdings PLC Nasdaq SLMT), the Abu Dhabi focused Solana infrastructure company, has signed a non-binding term sheet to acquire RockawayX in an all-stock transaction. The transaction strengthens Abu Dhabi’s growing role as the global hub of on chain finance offering Abu Dhabi the opportunity to host the worlds next generation blockchain infrastructure. Solmate and RockawayX aim to anchor this vision by expanding bare metal validator operations co location capabilities and institutional grade transaction ordering services.
As per the announcement, the planned combination would create one of the most significant institutional players in digital asset infrastructure liquidity and asset management with more than 2 billion in combined AUM and third-party stake. The combined entity would trade under the ticker SLMT and is expected to close in the first half of 2026, subject to final documentation and approvals.
Marco Santori will continue as CEO of Solmate overseeing the unified treasury and infrastructure strategy. Viktor Fischer will remain CEO of the RockawayX subsidiary and will assume the role of Executive Chairman of Solmate while Rockaway Capital founder Jakub Havrlant will join the board.
The announcement follows the launch of Solmate and RockawayXs high performance Solana infrastructure in the UAE enabling regional investors to stake assets locally for the first time. This deployment gives exchanges traders and market makers a significant low latency advantage improving execution and unlocking new opportunities for high frequency trading and on chain payments.
RockawayX brings industry leading capabilities across liquidity market making and on chain credit. Its solver division supports major cross chain bridges such as Wormhole and Debridge, while its credit fund and venture investments spanning early-stage protocols like Kamino Morpho Exponent and OnRe, position the combined group to accelerate Solanas Internet Capital Markets thesis.
In November, Solmate Infrastructure launched the first-ever bare metal Solana validator in the UAE, the first performant Solana validator in the Middle East. A bare metal validator is a blockchain validator node that runs on a dedicated physical server instead of a virtualized cloud environment. This setup provides consistent, high-performance, and predictable operation by eliminating shared resources and “noisy neighbors,” which is crucial for blockchain networks where speed and reliability directly impact earnings and a validator’s competitiveness.
In September 2025, sponsored by UAE based Pulsar Group, with prominent investment from UAE investors as well as backing from Solana Foundation, Breraa Holdings, Solmate raised $300 million following an oversubscribed private investment in public equity (“PIPE”) offering, with the secured funds being used for revenue generating crypto infrastructure projects in UAE.
