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Solmate Buys $50M in Discounted SOL from Solana Foundation as Ark Invest Takes 11.5% Stake

Solmate has completed a discounted acquisition of SOL to power UAE operations, the Solana Foundation has gained board nomination rights, and Ark Invest has disclosed an 11.5% stake as institutional exposure has expanded.The post Solmate Buys $50M in Discounted SOL from Solana Foundation as Ark Invest Takes 11.5% Stake appeared first on Cryptonews.

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