what's Solmate?
Solmate, formerly known as Brera Holdings PLC, is a crypto infrastructure company headquartered in Abu Dhabi, specializing in Solana-based digital asset treasuries. It manages strategic reserves of SOL tokens, staking them to support network security and yield generation while fostering regional growth in the Middle East. The company emerged from a pivot in 2025, transitioning from multi-club sports ownership to blockchain-focused operations, backed by institutional investors including ARK Invest, RockawayX, and the Solana Foundation. As a Solana treasury entity, Solmate acquires and holds SOL through private placements and partnerships, deploying capital into ecosystem projects for liquidity and innovation. It emphasizes secure custody and compliance, partnering with custodians like BitGo for its reserves. This model positions Solmate as a bridge between traditional finance and Solana's high-performance blockchain, enabling efficient on-chain transactions and decentralized applications. Solmate's operations align with Solana's core strengths in speed, scalability, and low costs, contributing to the network's adoption in payments, DeFi, and tokenized assets. By maintaining a dedicated SOL treasury, it supports long-term ecosystem development without issuing its own token, focusing instead on stewardship and infrastructure services.
Solmate appointed Marco Santori as CEO.
Links
x.com/oursolmateAppointed Marco Santori as CEO.
Scrapped planned merger with Rockaway_X, experienced 98% price decline.
Holds over 1.2M SOL in treasury.
Announces term sheet to acquire RockawayX, which would create a combined entity with over $2 billion in Assets Under Management.
Signs non-binding agreement to acquire RockawayX, creating combined entity with over $2B in AUM and integrating RockawayX's infrastructure, liquidity, and asset-management units.
Announces acquisition of RockawayX in all-stock deal to create $2B institutional Solana platform.
Solmate is among 38 companies MSCI considers removing from JPMorgan-endorsed indexes for exceeding 50% digital asset holdings, with decision coming January 15th, 2026.
Solmate launches a validator for the Solana network amid challenging conditions for SOL DATs.
Launches UAE's first performant bare metal Solana validator and mints the country's first Solana block at 0% commission.
Stock surges 50% on plans for validator center and M&A strategy. Board approved reverse stock split for institutional trading range and financing flexibility, pending shareholder approval.
Completes $50M SOL purchase from Solana Foundation at 15% discount, while ARK Invest discloses 11.5% ownership stake in the company.
Project is claimed to be the biggest DAT (Decentralized Autonomous Trust) by market cap on Solana blockchain, representing a significant market position milestone.
Brera Holdings (NASDAQ: BREA) filed SEC proposal March 10, 2026, to rebrand as Solmate Infrastructure PLC, plans $300M funding for $SOL treasury.
ARK Invest purchased $162M worth of shares following the treasury raise.
Launches DAT token following a $300 million funding raise.
Pivots from sports holdings, winding down Brera Tchumene and Brera IIch soccer teams (retaining Juve Stabia), to UAE-based Solana infrastructure expansion; raised $300M.
BREA hits a new high of $50 then pulls back to $43.34 amid continued trading halts and extreme volatility.