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September 18, 2025cryptonews logocryptonews

Solmate $300M Bet: UAE to Launch First Solana Validator with Nasdaq Listing

Brera Holdings PLC has announced a $300 million private placement to establish Solmate, a Solana-based digital asset treasury and crypto infrastructure ￰1￱ offering, which was oversubscribed, is backed by ARK Invest, the Solana Foundation, early Solana backers RockawayX, and prominent UAE ￰2￱ deal was sponsored by UAE-based Pulsar Group, a blockchain advisory and investment ￰3￱ to Host First Solana Validator as Solmate Expands Beyond Token Accumulation The rebranded Solmate will pursue a dual listing on Nasdaq and a UAE exchange while continuing to operate Brera’s existing multi-club sports ownership ￰4￱ to the company, Solmate will focus on accumulating and staking Solana’s native token, SOL, alongside building new revenue streams from Solana-based ￰5￱ IN: Brera Holdings (NASDAQ: BREA) will rebrand as Solmate after closing an oversubscribed $300M PIPE backed by @ARKInvest , @Rockaway_X , Pulsar Group, and the@SolanaFndn.

The Solana DAT will be led by Marco Santori as CEO in the ￰6￱ — SolanaFloor (@SolanaFloor) September 18, 2025 Marco Santori, former Chief Legal Officer at Kraken and a long-time figure in digital asset law, has been named Solmate’s Chief Executive ￰7￱ is known as one of the earliest pioneers of digital asset treasury companies, having helped launch the first altcoin treasury listed on ￰8￱ Solmate board will include ￰9￱ Laffer, the economist credited with creating the “Laffer Curve,” and Viktor Fischer, CEO of RockawayX, a digital asset investment firm managing around $2 ￰10￱ Solana Foundation will also have the right to appoint two ￰11￱ company said its long-term strategy includes building Solana validator infrastructure in Abu ￰12￱ will allow regional investors direct access to Solana’s native yield through a high-performance validator, marking the first of its kind in the Middle ￰13￱ stated that deploying bare metal servers in the UAE will set it apart from traditional digital asset treasuries, which typically rely only on token ￰14￱ emphasized that the $300 million will not only fuel the acquisition of SOL but also drive the establishment of yield-generating projects in the ￰15￱ initiative aligns with the UAE’s broader digital transformation agenda, which has made blockchain technology a strategic ￰16￱ has gained recognition as one of the fastest-growing blockchains globally, with more on-chain revenue and processed transactions than any other ￰17￱ Bitcoin, Solana offers native yield opportunities through staking, a feature Solmate aims to capitalize on as part of its ￰18￱ forecasts suggest that Solana could outpace both Bitcoin and Ethereum over the next three years as developer activity on the network continues to ￰19￱ a statement, Solmate’s leadership underscored their confidence in Solana’s ecosystem.

“Our stakeholders have deep, long-term conviction in Solana and will demand that we accumulate SOL through bull and bear markets alike,” Santori ￰20￱ Solana Treasuries Surpass $4B as Galaxy and Forward Drive Buying Spree Corporate treasuries holding Solana have crossed the $4 billion mark, according to data from the Strategic Solana Reserve (SSR). The tracker shows that 16 institutions now hold a combined 15.83 million SOL, representing 2.75% of the token’s circulating supply.) tokens, valued at nearly $536 million, according to blockchain data. #Solana #Galaxy ￰0￱ — ￰21￱ (@cryptonews) September 12, 2025 In September, Over five days, Galaxy amassed 6.5 million SOL, valued at $1.55 billion , making it one of the most active corporate ￰22￱ Industries has doubled down on its Solana strategy, filing a $4 billion at-the-market equity program with the ￰23￱ and Exchange Commission on September ￰24￱ program, handled by Cantor Fitzgerald, will raise funds for further Solana purchases and general corporate ￰25￱ this month, Forward closed a $1.65 billion private placement that funded its initial 6.8 million SOL ￰26￱ firms are also entering the market.

Canada’s SOL Strategies debuted on Nasdaq under the ticker STKE with $94 million in holdings, becoming the first Solana-focused public company in the U. S. Meanwhile, Helius Medical Technologies announced a $500 million private investment led by Pantera Capital, with warrants potentially lifting its Solana treasury to $1.25 billion.

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