Brera Holdings transforms into Solmate after $300 million Solana deal

Jakarta, Pintu News – Brera Holdings, the Nasdaq-listed sports ownership group that owns soccer clubs in Italy and Europe, is now transforming into Solmate. The change follows a $300 million fundraising through oversubscribed private investments.

The company’s share price rose by more than 225% following the news, and will now shift its main business focus to become a digital asset infrastructure and treasury provider focused on the Solana ecosystem (SOL).

New Investments and Plans

The funds raised are backed by some big names such as UAE-based Pulsar Group, ARK Invest, RockawayX, and Solana Foundation. With this capital injection, Solmate will not only focus on sports but also on building a Solana-based digital asset treasury (SOL).

The company plans to collect and stake SOL, and set up a validator operation in Abu Dhabi. The validator’s role is to secure the network and earn rewards.

Solmate plans to run bare-metal servers in the UAE to provide better performance compared to regular setups. In addition, the company also expressed the possibility of listing on the UAE bourse while maintaining its position on Nasdaq.

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New Executive Team and Board

Marco Santori, who previously served as Chief Legal Officer at Kraken and partner at Pantera Capital, has been appointed as Solmate’s new CEO. “Our stakeholders have strong long-term confidence in the Solana ecosystem and will look to us to accumulate SOL in both bull and bear markets,” Santori said.

He added that Solmate will build real crypto infrastructure in the UAE as part of its strategy. Solmate’s new board will also include renowned economist Arthur Laffer, creator of the Laffer Curve and recipient of the Presidential Medal of Freedom, as well as RockawayX CEO Viktor Fischer.

Two board seats have also been reserved for representatives of the Solana Foundation. Laffer stated that “stable money is the basis of a strong economy” and called digital assets a positive step in monetary history. Fischer added that he believes Solana will become “the dominant blockchain network for capital markets”.

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Strategy and Impact on Sports Clubs

Despite the primary focus shifting to crypto, Brera will continue to manage its existing sports clubs. This change in focus comes at a time of increased institutional interest in Solana, with investors such as Galaxy Digital and Forward Industries making billion-dollar buyouts. This signals a new era for Brera now as Solmate, combining the world of sports with blockchain innovation and digital assets.

Conclusion

The transformation of Brera Holdings into Solmate marks not only a name change, but also a strategic shift in the face of the new digital era. With strong support from investors and a solid strategy, Solmate is poised to become a key player in the Solana ecosystem and digital asset markets globally.

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Reference

• Crypto Times. Brera Holdings Rebrands as Solmate After $300M Solana Deal. Accessed on September 19, 2025
• Featured Image: Upstream Exchange