According to @CoinMarketCap, Solana-focused treasury firm Solmate has signed a nonbinding term sheet to acquire RockawayX, and the combined entity would manage more than $2 billion in assets under management; source: @CoinMarketCap on X, Dec 5, 2025. According to @CoinMarketCap, the agreement is explicitly described as nonbinding and the post does not disclose valuation, closing timeline, or regulatory approvals, underscoring that this is a preliminary step rather than a definitive acquisition; source: @CoinMarketCap on X, Dec 5, 2025.