Cathie Wood's ARK Invest Takes 11.5% Stake in Solana Treasury Firm Solmate Infrastructure (SLMT)

CoinDeskTuesday, October 14, 2025 at 4:26:08 PM
Cathie Wood's ARK Invest Takes 11.5% Stake in Solana Treasury Firm Solmate Infrastructure (SLMT)
Cathie Wood's ARK Invest has made a significant move by acquiring an 11.5% stake in Solmate Infrastructure, a firm linked to the Solana ecosystem. This investment, alongside a $50 million purchase of discounted SOL from the Solana Foundation, highlights ARK's confidence in the future of blockchain technology and decentralized finance. Such strategic investments not only bolster Solmate's position but also signal a growing interest in Solana's potential, which could lead to increased innovation and development in the crypto space.
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