Solmate Infrastructure Pioneers Bare Metal Solana Validator in UAE
The United Arab Emirates has long been a hub for innovation and technological advancement, especially in the crypto and blockchain areas. The latest move by the Nasdaq-listed Solmate Infrastructure is set to further solidify the country’s position in the space.
Notably, Solmate Infrastructure has announced the launch of its bare metal Solana validator in the UAE. This pioneering achievement marks a major milestone in the company’s mission to provide cutting-edge infrastructure solutions for the rapidly evolving world of cryptocurrency.
With its SOL validator now live and open to public staking, Solmate Infrastructure is poised to play a crucial role in the Solana ecosystem, offering a high-performance platform for users and developers to build upon.
Solana Validator Hits the Middle East
Solmate Infrastructure, a Solana-based infrastructure company in the UAE, has introduced its bare metal Solana validator in the UAE. As per the company’s claims, this development marks the first of its kind in the Middle East.
Interestingly, Solmate’s validator has successfully minted its first Solana block in the UAE and is now live for public staking with zero commission fees. The company claims it’s the region’s first “performant” Solana validator, with ambitions to become one of the top validators worldwide. The platform cited the famous quote, “The future is for those who can imagine it, design it, and execute it.”
The growing acceptance and adoption of Solana is also evident in the recent partnership of DeFi Development Corp. and Superteam Japan to launch DFDV JP, Japan’s first Solana-focused treasury project.
Solmate Explains What’s Next
In the official press release, Solmate has also unveiled its potential moves. The platform revealed that it is advancing its strategy with the introduction of RPC nodes and colocation services designed to support DeFi applications. By teaming up with infrastructure leader RockawayX, the company will diversify its revenue streams through RPC and colocation fees, moving beyond traditional SOL staking.
It is noteworthy that Solmate’s RPC and colocation services seamlessly integrate with its treasury strategy, leveraging geographic proximity to SOL-staked validators to boost revenue. The company’s approach is to accumulate SOL and fuel its validator in the UAE, strategically positioned between major financial hubs.
As Solmate grows its SOL holdings through capital market activities and yield strategies, it will enhance the performance and fees of its RPC and colocation services, creating a self-sustaining cycle- the Infrastructure Flywheel. “Companies who merely stake their $SOL are leaving money on the table,” stated Marco Santori, CEO of Solmate Infrastructure. Santori added,
“We want to do more with our treasury, so our team toured data centers and interviewed the most sophisticated telecommunications providers in the UAE to select the best partners for our bare-metal validator. Solmate’s Infrastructure Flywheel™ leverages the $SOL already staked to this validator to maximize RPC and colocation fees, reflexively generating more $SOL for the treasury in the process…The ability to offer validation, RPC and colocation services is only the first phase of the benefits to flow from running a bare-metal validator. We look forward to announcing more in the weeks to come.”
Solana Purchases Spark Interest
This development comes on the heels of Solmate’s increasing interest in the Solana token. Last month, the company purchased $50 million worth of SOL tokens at a 15% discount amidst a tumultuous market during the 1011 crash. Santori stated,
“We bought the dip. Our infrastructure-first strategy will keep us at the forefront of innovation in the Solana ecosystem, and ahead of mere treasury companies that solely rely on financial engineering to drive growth. Our strategic position in the UAE puts us in the Capital of capital, and at the geographic crossroads of finance.”
In a parallel cryptocurrency news, Cathie Wood’s Ark Invest has disclosed an 11.5% stake in Solmate, underscoring growing institutional confidence in Solana and infrastructure-focused crypto strategies.
