Solmate Prioritizes Capital Efficiency, Shifts RockawayX Relationship to Strategic Partnership
Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Very Positive)
Tags
partnership
Key Terms
validator services agreementregulatory
A validator services agreement is a contract in which one party runs computer nodes that validate transactions and secure a blockchain on behalf of another party, often in return for fees or a share of staking rewards. For investors, it matters because these contracts create predictable revenue streams but also carry operational and custody risks (like downtime or penalties) similar to hiring a security guard whose performance and trustworthiness directly affect asset safety and income.
bare metal validatortechnical
A bare metal validator is a blockchain node that secures and verifies transactions while running on dedicated physical hardware instead of shared or virtual cloud servers. For investors, this matters because dedicated hardware can offer faster processing, more predictable reliability and reduced exposure to cloud outages or noisy neighbors—think of it like owning a private delivery truck rather than renting space on a busy courier van—though it can require more upfront cost and hands‑on maintenance.
staking rewardsfinancial
Staking rewards are incentives given to individuals who commit their cryptocurrency holdings to support a blockchain network's operations, such as confirming transactions and maintaining security. Think of it like earning interest or dividends for locking up your savings or investments, encouraging people to keep their assets engaged in keeping the system running smoothly. For investors, staking rewards provide a way to earn passive income while helping to secure the network.
treasury yieldfinancial
Treasury yield is the return an investor earns from a government bond, expressed as an annual percentage; higher yields mean the government is paying more to borrow money, lower yields mean it’s paying less. Investors watch yields because they act like a baseline interest rate that influences bank loans, corporate borrowing costs and the prices of stocks and other investments — like the tide that helps determine how high or low other asset prices rise.
digital assetfinancial
A digital asset is a representation of value or rights that exists only in electronic form—like digital versions of cash, stocks, or collectibles kept in a virtual wallet. They are transferred and recorded using computer systems that make copying or tampering difficult, and can include currencies, tokenized shares, or unique digital items. Investors care because digital assets can offer new ways to diversify, trade and raise capital, but they also bring different risks around price swings, custody and regulation.
solana validatortechnical
A Solana validator is a computer node that checks and records transactions on the Solana blockchain, helps create new blocks, and enforces the network’s rules. For investors, validators matter because their reliability and stake influence the network’s security, transaction speed, and the yield earned by people who lock up SOL tokens for rewards—think of them as trusted referees and record-keepers whose performance affects the value and usability of the blockchain.
protocol-native staking rewardsfinancial
Protocol-native staking rewards are the payments a blockchain network automatically gives to people who lock up (stake) its native token to help run and secure the system. Think of it like earning interest from a bank account where the ‘bank’ is code that both pays you and uses your money to keep the system running; for investors this affects potential passive income, token supply and dilution, and signals network health and user incentives.
Decision reflects market conditions, commitment to preserving shareholder equity and minimizing dilution
Strategic partnership set to continue under existing validator services agreement
ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--
Solmate Infrastructure (Nasdaq: SLMT), a leading Solana infrastructure company with a strategic focus on Abu Dhabi, today announced its decision not to pursue a merger with RockawayX pursuant to its previously announced term sheet. The companies will continue their current strategic partnership to leverage RockawayX's infrastructure and yield optimization expertise, and RockawayX CEO, Viktor Fischer, will remain a Solmate board member. The decision reflects Solmate’s commitment to equity-efficient growth and eliminates the dilution associated with the transaction as the company focuses on its infrastructure strategy.
“Market conditions have changed dramatically since we negotiated the deal with RockawayX," said Marco Santori, CEO of Solmate. “Assets are discounted, acquisition targets today are more plentiful, and we are in a capital position to take advantage of the opportunity. As independent companies, Solmate and RockawayX will continue to collaborate closely towards shared objectives. Moving forward as independent companies allows Solmate to remain lean, without the friction of a complex integration.”
Validator Agreement Demonstrates Ongoing Partnership Value
RockawayX remains a major investor in Solmate and a key partner in the operation and growth of Solmate’s bare metal validator strategy in the UAE. This infrastructure will provide exchanges, traders, and market makers with critical performance advantages including reduced latency and improved execution in markets where milliseconds matter. The partnership model allows Solmate to capture 100% of staking rewards, while mitigating technical risk and operational expenses. It is a capital efficient blueprint for how Solmate can scale across the region.
“We retain high conviction in Solmate’s long-term value,” said Viktor Fischer, CEO of RockawayX. “Since first investing, our priority has been to support Solmate to maximize its treasury yield and deliver world-class Solana infrastructure. We are confident that we can jointly achieve those objectives without combining our entities. RockawayX’s mission remains to back and build the most impactful digital asset businesses, and we believe Solmate will prove to be one of them. We look forward to continuing our close collaboration and building together as strategic partners.”
About Solmate Infrastructure
Solmate Infrastructure, the operating name of Brera Holdings PLC (NASDAQ: SLMT), builds institutional-grade Solana staking, validation, and treasury infrastructure with a strategic focus on Abu Dhabi. Backed by ARK Invest, RockawayX, Pulsar Group, and leading UAE investors, Solmate deploys capital and hardware to drive Solana adoption across the Middle East and beyond while continuing to operate its multi-club football business. For more information visit www.solmate.com.
About RockawayX
RockawayX is a global digital asset firm operating across three divisions: 1) infrastructure, 2) liquidity and 3) asset management. RockawayX Infrastructure runs bare-metal hardware blockchain nodes and validators that the firm owns and operates, and develops bespoke software and hardware solutions for transaction ordering. RockawayX Liquidity generates yield on-chain by lending capital to DeFi protocols and applications. It also operates market making and solver divisions that power major cross-chain settlement layers. RockawayX Asset Management invests in early stage infrastructure businesses and DeFi protocols forming the foundation of the new on-chain financial system. RockawayX is part of the Rockaway Capital group, an asset manager operating several open-ended investment funds in Private Equity and Tech.
Forward-Looking Statements
This press release contains forward-looking statements regarding Solmate's strategic plans, partnership arrangements, and infrastructure development. These statements involve risks and uncertainties that could cause actual results to differ materially, including market conditions, regulatory changes, and operational challenges. Solmate undertakes no obligation to update these statements except as required by law.
