ARK Invest Makes Strategic Bet on Solana Treasury Firm Solmate with 11.5% Stake

ARK Invest Takes 11.5% Stake in Nasdaq-Listed Solana Treasury Firm Solmate (SLMT) Cathie Wood's ARK Invest has taken a significant stake in Solana treasury firm Solmate (SLMT), according to a Schedule 13G filing with the Securities and Exchange Commission. The investment firm acquired approximately 11.5% of Solmate's shares as of September 30, 2025. Solmate confirmed the news, stating that ARK Invest purchased 50 million SOL tokens from the Solana Foundation at a discounted price. "We are thrilled to have ARK Invest on board as a significant shareholder," said a Solmate spokesperson. "Their investment is a testament to our company's growth potential and commitment to innovation in the Solana ecosystem." ARK Invest, known for its aggressive investing style and focus on disruptive technologies, has been expanding its portfolio of cryptocurrency-related investments in recent months. The firm's stake in Solmate marks one of its largest investments in the space. Solmate operates as a treasury platform for Solana-based projects, providing liquidity and financial services to developers and entrepreneurs building on the Solana blockchain. The company's shares have been trading on the Nasdaq exchange since August 2023. Industry analysts see ARK Invest's investment as a vote of confidence in Solana's growth prospects. "ARK Invest is known for its ability to identify emerging trends and technologies," said David Schwartz, a cryptocurrency analyst at Bloomberg Intelligence. "Their investment in Solmate suggests that they believe the Solana ecosystem has significant potential for growth." Solana (SOL) prices have been volatile in recent months, influenced by market sentiment and regulatory developments. However, ARK Invest's stake in Solmate is seen as a long-term bet on the company's prospects. The investment firm's stake in Solmate will be closely watched by investors and analysts alike, who are eager to see how the partnership between ARK Invest and Solmate unfolds. As one industry expert noted, "ARK Invest's involvement could bring significant resources and expertise to Solmate, which could help drive growth and innovation in the Solana ecosystem." Solmate shares have seen a modest increase in value following the news of ARK Invest's investment, with prices rising by 2% as of press time. The company's market capitalization now stands at approximately $1.3 billion. ARK Invest's stake in Solmate marks one of its largest investments in the cryptocurrency space to date. As the firm continues to expand its portfolio, investors and analysts will be closely watching for further developments in this rapidly evolving sector. Background: ARK Invest has been a prominent player in the cryptocurrency market since 2019, with a focus on investing in emerging technologies and disruptive companies. The firm's investment strategy is centered around identifying trends and innovations that have the potential to drive significant growth. Solana (SOL) is a popular proof-of-stake blockchain platform known for its high transaction speeds and low fees. The Solana Foundation has been actively promoting the development of the ecosystem, providing grants and resources to projects building on the network. In related news, Solana's SOL token prices have seen significant volatility in recent months, influenced by market sentiment and regulatory developments. However, industry analysts see ARK Invest's investment as a long-term bet on the company's prospects. Next developments: As the partnership between ARK Invest and Solmate unfolds, investors and analysts will be closely watching for further developments. The company's shares are expected to continue trading on the Nasdaq exchange, with prices influenced by market sentiment and regulatory developments. *Reporting by Coindesk.*