Key Points:Solmate plans to develop a Solana-focused digital asset treasury.Marco Santori appointed as the new CEO of Solmate.Institutional backing from major entities like ARK Invest. NASDAQ-listed Brera Holdings rebrands as Solmate and raises $300 million to establish a Solana-focused digital asset treasury, with key backing from major institutional investors including Pulsar Group and ARK Invest. The strategic move highlights growing institutional interest in Solana, impacting SOL prices and BREA shares, while positioning Solmate for significant growth in the crypto asset ecosystem. Solmate Secures $300M for Solana Asset Treasury Solmate’s launch marks a significant entry into Solana’s ecosystem, backed by institutional giants such as Pulsar Group, the Solana Foundation, RockawayX, and ARK Invest. Solmate secures $300M funding for Solana treasury initiative. The newly appointed CEO, Marco Santori, brings expertise from his roles at Kraken and Pantera Capital. The rebranding and financial backing drive Solmate towards building a Solana-native asset treasury, potentially reshaping institutional involvement in decentralized finance. The company’s intent to develop Solana validators in Abu Dhabi offers regional and international clients dedicated staking. This focus aligns with the rising demand for Solana assets. The commitment to Solana’s ecosystem reflects broader institutional confidence in Layer-1 blockchain projects. “We are thrilled to pivot towards a focus on Solana, leveraging our institutional backing to propel innovation in the digital asset space.” — Marco Santori, CEO, Solmate source Solana’s Influence Grows: Market Prices and UAE’s Blockchain Role Did you know? Solmate’s focus on Solana represents a shift from Bitcoin and Ethereum, indicating a broader trend towards diversifying digital asset governance. According to CoinMarketCap, Solana’s current price is $248.10 with a market cap of $134.75 billion, reflecting a 4.29% increase over the past 24 hours. The 24-hour trading volume stands at $10.73 billion, showcasing Solana’s liquidity and market interest. Solana(SOL), daily chart, screenshot on CoinMarketCap at 19:34 UTC on September 18, 2025. Source: CoinMarketCap Insights from Coincu highlight the potential for increased financial concentration in projects developed on Solana. The UAE’s regulatory clarity further positions it as a future blockchain hub, attracting digital asset companies like Solmate to establish footholds in the region and capitalize on Solana’s growth trajectory. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Source: https://coincu.com/news/solmate-rebrand-300m-sol-treasury/