China News Daily TheBitTimes.com

The Cathie Wood-backed Solana treasury firm Solmate Infrastructure saw its prices surge over 30% after the company announced its plans for an aggressive mergers and acquisitions (M&A) strategy and confirmed additional SOL buys at discounted prices. That’s as institutional adoption for Solana continues to grow, with Fidelity also recently rolling out Solana trading access for both retail and institutional clients.  Solmate Infrastructure (SLMT), which rebranded from Brera Holdings, saw its share price reach an intraday high of $13 in the latest trading session. SLMT share price (Source: Google Finance ) It then retraced to close the trading day off at $11.41, marking a 36.65% gain for the day. However, there has been some pre-market selling activity that has pushed the stock’s share price down more than 13%.  The price of Solana also rose more than 1% in the past 24 hours, according to CoinMarketCap data.  Solmate Infrastructure To Launch UAE...

Shares in Bullish, the crypto trading platform and infrastructure provider backed by Peter Thiel, surged 5% after the firm’s quarterly results beat analysts’ expectations and the company secured regulatory approval to expand its US operations. Bullish’s stock price continued to gain in the pre-market trading session, with another 2% rise during this period, data from Google Finance shows .  Bullish stock price (Source: Google Finance) That’s after the company made its public market debut on Aug. 13. On its first trading day, Bullish stock opened with a price of $37 per share. It briefly spiked on the day, but closed the debut trading session off at $68.  One of the investors in the Bullish IPO was Cathie Wood-led ARK Invest. The company has backed the digital platform since it went public. In its latest trade notification, ARK Invest disclosed that it bought more Bullish shares across two of its ETFs (exchange-traded funds). The asset manager ...