Brera Holdings has been renamed to Solmate and has raised $3 billion to launch the SOL Treasury.

BlockBeats News, September 18th, NASDAQ-listed company Brera Holdings announced that it will rebrand as Solmate and raise $3 billion to launch the SOL Treasury. Investors include UAE-based technology and blockchain consulting firm Pulsar Group, the Solana Foundation, RockawayX, and ARK Invest. Former Kraken Chief Legal Officer Marco Santori will serve as Solmate's CEO.

Solmate is expected to finalize an agreement with the Solana Foundation after signing a letter of intent, which will lower the initial price of SOL issuance. This will allow Solmate to significantly increase the growth rate of each SOL share in the future. (Globenewswire)