Brera Holdings, a Nasdaq-listed company, has announced a strategic agreement to purchase $50 million worth of SOL directly from the Solana Foundation. This acquisition aims to bolster Brera's Solana infrastructure and strengthen its role in the UAE's digital transformation efforts. As part of the "Solana By Design" initiative, Brera Holdings, now known as Solmate, will allow the Solana Foundation to nominate up to two directors. In related developments, Ark Invest has revealed a significant stake in Solmate, holding approximately 11.5% as of September 30. This follows their initial subscription to 6,500,001 shares through a private investment in public equity (PIPE) and an additional acquisition of 779,619 shares.