The US-listed company Brera Holdings has changed its name to Solmate and raised $300 million to launch the SOL treasury

ChainCatcher news, Nasdaq-listed company Brera Holdings has announced its name change to Solmate and is raising $300 million to launch the SOL treasury. Investors include UAE technology and blockchain consulting firm Pulsar Group, Solana Foundation, RockawayX, and ARK Invest, among others. Former Kraken Chief Legal Officer Marco Santori will serve as the CEO of Solmate. Solmate is expected to reach a final agreement after signing a letter of intent with the Solana Foundation, which will lower the initial price for SOL issuance, allowing Solmate to significantly increase the growth rate of each SOL share in the future.