Brera Holdings Rebrands as Solmate, Shifts Focus to Solana Infrastructure with $300 Million Funding

Brera Holdings PLC (NASDAQ: BREA) announced its transformation into Solmate with a new focus on Solana-based cryptocurrency infrastructure, marking a significant strategic shift from its previous sports investment portfolio. The company will begin trading on the Nasdaq Capital Market under the new ticker symbol SLMT on October 3, 2025, representing a complete rebranding that reflects its new direction in blockchain technology. This transition is led by Marco Santori, former Chief Legal Officer of cryptocurrency exchange Kraken, who brings substantial industry expertise to the venture.

The company is establishing dedicated Solana infrastructure operations in Abu Dhabi, strategically positioning itself to capitalize on the growing Middle Eastern blockchain market. This move is supported by a substantial $300 million Private Investment in Public Equity (PIPE) financing round that includes participation from prominent industry players. The Solana Foundation, RockawayX, and ARK Invest have all committed to backing Solmate's infrastructure development initiative, demonstrating strong institutional confidence in the company's strategic direction and execution capabilities.

According to the company's announcement available at https://ibn.fm/7OoW7, the primary objective of this infrastructure development is to generate higher SOL-per-share returns for investors through specialized Solana network operations. This represents a complete departure from Brera Holdings' previous business model, which focused on building a global portfolio of football clubs through its multi-club ownership strategy. The company had previously acquired Brera Milano FC in 2022 and became majority owner of SS Juve Stabia in 2025, but is now entirely pivoting to cryptocurrency infrastructure.

The timing of this transition coincides with increasing institutional interest in Solana blockchain technology and the broader cryptocurrency infrastructure sector. By establishing operations in Abu Dhabi, Solmate positions itself within a jurisdiction that has shown growing support for blockchain innovation while leveraging the technical capabilities of the Solana network. The company's comprehensive investor information remains accessible through its corporate newsroom at http://ibn.fm/BREA, providing ongoing updates about the transition and future developments.

This strategic rebranding and funding announcement signals a major corporate transformation that reflects the evolving landscape of digital asset infrastructure investment. The involvement of established cryptocurrency entities like the Solana Foundation and traditional investment firms such as ARK Invest underscores the convergence of traditional finance and blockchain technology that is increasingly characterizing the digital asset sector's maturation phase.