TechFlow news, on September 18, Nasdaq-listed Brera Holdings (BREA) announced the completion of a $300 million oversubscribed private placement and will rebrand as Solmate, transforming into a Solana-based digital asset and crypto infrastructure company. The funding round was led by UAE-based Pulsar Group and supported by mainstream investment firms including ARK Invest.
Marco Santori, former Chief Legal Officer of Kraken, will serve as CEO of Solmate. The company will focus on accumulating and staking $SOL tokens and deploying high-performance validator node infrastructure in the UAE. Dr. Arthur Laffer, economist, and Viktor Fischer, CEO of RockawayX, will join the board of directors.
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