Brera Holdings, listed in Nasdaq, is to rename as a solmatate after having collected $ 300 million in a private investment in public capital (PIP) to launch a cash and digital infrastructure company focused on Solana.
The agreement was supported by the Pulsar group based in the United Arab Emirates, Ark Invest, Rockawayx and the Solana Foundation, according to an announcement on Thursday.
Brera, a sports property group with football clubs in Italy and across Europe, said that Solmatite will transfer its main objective to a digital asset treasure based in Solana (DAT) and an infrastructure company, accumulating and marking Solana (soil) while building validator operations in Abu Dhabi.
Marco Santori, partner of Pantera Capital and former legal director of Kraken, will direct the company, the economist Arthur Laffer and the CEO of Rockawayx, Viktor Fischer, joining the Board of Directors alongside two seats reserved for Solana Foundation.
A pipe, the financing method used by Solmate, is when a listed company collects funds by selling stocks directly to private investors, generally at reduced prices.
Solmate plans to set up naked metal servers in Abu Dhabi to manage a Solana validator as part of his thrust to extend blockchain infrastructure to the United Arab Emirates, and it plans to continue a double list on an exchange of water alongside its Nasdaq presence.
“Our stakeholders have a deep and long -term condemnation in Solana’s ecosystem and demand that we accumulate soil via bull and bear markets,” said CEO Marco Santori.
According to Solmate, his letter of intention ready to use with the Solana Foundation gives him access to soil.
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Solana’s strategic reserves are increasing
The institutional interest for Solana continues to climb, with 16 voted entities now holding 15.83 million combined soils, equal to around 2.75% of the total token offer.
From this amount, 9.35 million soil is actively jacquée, representing 1.63% of the supply and generating an average yield of 7.7%, according to data from StrategySolanière.org.
The Pack management is Forward Industries, holding 6.82 million soil worth around 1.63 billion dollars at current prices, followed by the technology of sharp objects with 2.14 million soil and Development Corp with 2.10 million soil.
The wave of corporate accumulation does not show any signs of slowdown, while additional companies continue to reveal the major Solana Holdings.
Monday, Galaxy Digital revealed purchases of 6.5 million soil worth around 1.55 billion dollars over five days, including $ 306 million in one day. The company also joined Multicoin Capital and Jump Crypto in a private placement of $ 1.65 billion for Forward Industries, although it has not confirmed if its soil acquisitions are directly linked to this agreement.
On the same day, Helius Medical Technologies, listed in Nasdaq, announced a private investment of $ 500 million to build a business treasure focused on Solana, led by Pantera Capital and Summer Capital, with plans of Holdings Sol scale in the next two years while exploring possibilities of implementation and loan.
The growing interest in Solana as an acting of the Treasury occurs while the soil price has increased. At the time of writing the moment, it was negotiated about $ 249 – up 38.7% in the last 30 days and almost 10% over the week, although it is still down approximately 15% compared to its summit of $ 293.31 on January 19, 2025, according to Coingecko
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