Solmate Infrastructure, a Solana treasury company, has announced the termination of its merger plans with RockawayX, citing significant changes in market conditions. The decision aims to enhance capital efficiency and prevent equity dilution. Despite halting the merger, Solmate and RockawayX will continue their strategic partnership. Solmate currently holds over 1.2 million SOL tokens. Previously, Solmate had planned to acquire RockawayX entirely through stock, intending to create an institutional-grade Solana platform with over $2 billion in assets under management.