Brera Holdings Signs Non-Binding Term Sheet to Acquire RockawayX
By Terell WrightBrera Holdings, which operates as Solmate Infrastructure, has signed a non-binding term sheet to acquire the digital asset firm RockawayX.The Abu Dhabi-based institutional infrastructure company said on Thursday the combination would create an institutional crypto entity with over $2 billion in combined assets under management and third-party stake.The new company will unify services across infrastructure, liquidity and asset management.Solmate said it will purchase all of RockawayX's equity in an all-stock transaction.The deal is expected to close in the first half of 2026, subject to approvals.Shares rose 10% to $2.61, though are down 67% year-to-date.Write to Terell Wright at [email protected]