Ark Invest-backed Solana treasury company Solmate increased its holdings of SOL by $50 million last week.

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[Ark Invest-supported Solana treasury company Solmate increased its holdings of SOL by $50 million last week] ARK Invest participated in Solana treasury company Solmate (stock code: SLMT.O) which stated on Tuesday that during the significant pullback in the digital asset market last week, the company increased its holdings of crypto asset Solana (SOL). Solmate stated that the funding scale for this acquisition of SOL was $50 million, with an acquisition price at a 15% discount to the market price. According to data from the London Stock Exchange Group (LSEG), as of September 30, Ark Investment Management, led by Wood, is the largest shareholder of Solmate, a company with a market value of $1 billion.

SOL3.56%
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