Brera Holdings changes its name to Solmate and raises $300 million to launch SOL Treasury

According to Odaily Planet Daily, Nasdaq-listed Brera Holdings announced its name change to Solmate and raised $300 million to launch its Solmate Treasury. Investors include Pulsar Group, a UAE-based technology and blockchain consulting firm, the Solana Foundation, RockawayX, and ARK Invest. Former Kraken Chief Legal Officer Marco Santori will serve as Solmate's CEO. Solmate expects to reach a definitive agreement after signing a letter of intent with the Solana Foundation. This agreement will lower the starting price of the additional Solmate offering, enabling Solmate to significantly increase the growth rate of Solmate's per-share price in the future. (Globenewswire)