Sports group Brera pivots to crypto, rebrands with $300M for SOL treasury
The company, rebranded as Solmate, plans to stake SOL and run validator operations in Abu Dhabi as part of its pivot from sports ownership to a digital assets treasury company.
Nasdaq-listed Brera Holdings is rebranding as Solmate after raising $300 million in an oversubscribed private investment in public equity (PIPE) to launch a Solana-focused digital asset treasury and infrastructure company.
The deal was backed by United Arab Emirates–based Pulsar Group, ARK Invest, RockawayX and the Solana Foundation, according to a Thursday announcement.
Brera, a sports ownership group with football clubs in Italy and across Europe, said Solmate will shift its core focus to a Solana-based digital asset treasury (DAT) and infrastructure business, accumulating and staking Solana (SOL) while also building validator operations in Abu Dhabi.
