Solmate, formerly known as Brera Holdings, has successfully raised $300 million in a private equity funding round. Key investors include the Solana Foundation, Ark Invest, Pulsar Group, and RockawayX. The company plans to acquire Solana (SOL) at a discounted rate and aims to dual-list on Nasdaq and in the UAE. Marco Santori, the former Chief Legal Officer of Kraken, serves as Solmate's CEO. The board of directors features notable figures such as economist Arthur Laffer and RockawayX CEO Viktor Fischer. Solmate will continue to manage Brera Holdings' sports club operations.
Solmate Secures $300 Million in Funding with Solana Foundation and Ark Invest
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