On September 18, Brera Holdings announced via an official release that it will become Solmate – a Solana (SOL) – based digital asset treasury (DAT) and crypto infrastructure company, following a $300 million investment.
The Nasdaq-listed Brera Holdings is an international holdings company based in Ireland, focused on expanding its global portfolio of men’s and women’s football clubs on three continents via a multi-club ownership strategy. In 2025, Brera is the majority owner of SS Juve Stabia.
The announcement comes during an upward move for Solana (SOL) in an optimistic crypto market.
Brera Becomes Solmate Following Private Investment
The official notes revealed that the $300 million private investment in a public equity offering will be:
- Sponsored by Pulsar Group, a UAE-based tech and blockchain advisory firm
- Backed by Solana Foundation, RockawayX, and traditional investment firms such as ARK Invest
Important names in the Solmate team include the following:
- The former Kraken Chief Legal Officer, Marco Santori, will become Solmate’s CEO; Santori is a pioneer in DAT companies and also helped launch the first altcoin treasury on Nasdaq.
- Board member Dr. Arthur Laffer is a globally recognized economist and inventor of the Laffer Curve.
- Board member Viktor Fischer is the CEO of RockawayX, a $2 billion AUM crypto investment firm, and top builder of performant SOL staking infrastructure.
Solmate’s Plans for the Future
Solmate will enter a definitive agreement, which would lower the price for SOL accumulation, allowing the company to “supercharge” SOL-per-share growth.
Solmate also aims to place Solana’s blockchain-based solutions at the core of UAE’s digital transformation agenda via the deployment of:
- Cutting-edge infrastructure
- Performant staking strategies
Also, Solmate will direct a portion of the funds secured into revenue-generating crypto infrastructure projects in the UAE.
The first one will be bare metal servers in Abu Dhabi, configured to outperform usual DAT validator strategies. Solmate’s validator would allow UAE investors to capitalize on SOL’s native yield-generating capability via the SOL validator.
Leveraging Solana’s Uniqueness
The official notes highlighted Solana’s importance in the crypto ecosystem, noting it’s:
- The fastest-growing blockchain in the world
- Processing more transactions and generating more onchain revenue than all other blockchains combined
Solmate will execute a durably differentiated strategy in the ecosystem by building real crypto infrastructure in UAE, Santori said, highlighting that stakeholders have huge trust in Solana and the firm will accumulate SOL despite market volatility.
Pulsar CEO, Alyazi Al Khattal, said that the firm is committed to positioning Solana at the heart of the UAE’s digital transformation and will empower Solmate to build exclusive partnerships and leverage Solana’s unique proximity to regional stakeholders to:
- Accelerate adoption
- Nurture a dynamic developer community
- Facilitate blockchain innovations
It’s also worth noting that Solmate will continue to operate Brera’s existing multi-club sports ownership business.
Solana (SOL) Price Action on September 18
On September 18, SOL recorded an ascendant trajectory amidst a bullish market. At the moment of writing this article, SOL is trading above $248, up by more than 6% in he past 24 hours.
If SOL maintains its upward trajectory, it will soon reach a new ATH. SOL hit its previous ATH in January 2025, above $294.
