Solmate has announced its intention to acquire RockawayX in a strategic all-stock transaction, a move aimed at creating a powerful institutional entity within the Solana ecosystem valued at $2 billion. This merger is expected to enhance their combined resources and expertise, positioning them as a significant player in the rapidly growing blockchain and cryptocurrency market associated with Solana.
source: https://www.coindesk.com/business/2025/12/04/solmate-to-buy-rockawayx-in-all-stock-deal-to-build-usd2b-institutional-solana-giant