US EditionCathie Wood's Ark Bets Big On Solana Treasury Play: Makes $162M Investment In Brera Holdings As Stock Explodes 225% - Brera Holdings (NASDAQ:BREA)
Solmate's $300 million treasury aims to generate over 11% annual yield by building Solana staking infrastructure and fostering adoption in the Middle East, led by Marco Santori.
- On Thursday, Solmate announced it will manage a $300 million Solana treasury in the UAE, with Marco Santori as CEO.
- A PIPE arranged by Pulsar Group raised strategic backing from the Solana Foundation, RockawayX, and ARK Invest, aiming to tap UAE institutional capital and seed regional developer activity.
- Early filings show targets above 11% APY, and Solmate plans Abu Dhabi bare-metal validator servers to provide regional investors access to Solana staking yields.
- Anchoring Solana's treasury in the UAE could spur regulatory changes and attract sovereign wealth, family offices and banks seeking regulated exposure, backed by regional regulatory actors and Solmate's operator role.
- Following other large treasury launches, Solana-focused DATs at 2.2% of FDV and the Solana network's over 100 million daily transactions support institutional growth, as seen in Forward Industries' $1.65 billion and Helius Medical Technologies' $500 million allocations.
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Cathie Wood's Ark Bets Big On Solana Treasury Play: Makes $162M Investment In Brera Holdings As Stock Explodes 225% - Brera Holdings (NASDAQ:BREA)
On Thursday, Cathie Wood-led Ark Invest executed significant trades, notably selling shares of Tempus AI Inc (NASDAQ:TEM) and buying shares of Brera Holdings PLC (NASDAQ:BREA), Pony AI Inc (NASDAQ:PONY) and Baidu Inc (NASDAQ:BIDU). These trades reflect Ark’s strategic positioning in the tech and AI sectors. The Brera Holdings Trade On Thursday, Ark Invest made a bold move by purchasing a total of 6,500,001 shares of Brera Holdings across multipl…
Solana Treasury Gains Traction As ARK Invest, UAE Commit $300 Million To Solmate - Coin Surges
In an announcement made earlier today, Solana-based (SOL) digital asset treasury (DAT) and crypto infrastructure firm Solmate – formerly known as Brera Holdings – stated that it had raised $300 million in a private placement in public equity (PIPE) offering. Solmate Raises $300 Million To Push Solana Adoption Nasdaq-listed sports club owner, Brera Holdings – now known as Solmate – is set to foster Solana adoption as it became the latest DAT to r…
Another Company Bets Big on Solana With $300M Treasury Shift
The raise came through an oversubscribed PIPE deal supported by heavyweight investors including Pulsar Group from the UAE, ARK Invest, RockawayX, and the Solana Foundation. Instead of owning football clubs, the company will now dedicate its efforts to building a Solana-based treasury and validator infrastructure, with a particular focus on Abu Dhabi. From Football Fields to Validator Nodes Leading the transformation is Marco Santori, a Pantera C…
Solmate Manages $300 Million Solana Treasury in UAE
The post Solmate Manages $300 Million Solana Treasury in UAE appeared on BitcoinEthereumNews.com. Key Points:Marco Santori now leads Solmate.Solmate manages a $300 million Solana treasury in the UAE.The initiative aligns with Solana’s strategic focus in the Middle East. Former Pantera partner Marco Santori now leads Solmate in the UAE, overseeing a $300 million Solana digital asset treasury, solidifying effective asset management strategies. Sol…
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