ARK Invest Makes $162M Solmate Play Following Massive $300M Funding Round
ARK Invest doubles down on blockchain infrastructure with massive Solmate position—just as traditional VCs finally wake up to web3's potential.
The Strategic Move
Cathie Wood's firm snaps up $162 million in Solmate shares fresh off the project's $300 million raise. Shows institutional confidence isn't just growing—it's accelerating.
Why It Matters
Solmate's scaling solutions address Ethereum's congestion problems head-on. ARK's bet signals belief in layer-2 infrastructure as critical to mainstream adoption.
Market Impact
Another nine-figure institutional deployment reinforces that crypto's infrastructure phase is where real money gets made—not just traded. Traditional finance might still be debating blockchain's value, but smart money's already building the pipes.
Because sometimes the best trade isn't buying the gold—it's selling the shovels to the speculators.

With Solmate’s explosive debut and SOL’s climb, ARK is aligning itself with one of crypto’s strongest bullish narratives — the mainstreaming of tokenized treasuries powered by fast, low-cost blockchains.
Also read: Brera Holdings Rebrands as “Solmate” After $300M Solana Deal