Overview

• Nasdaq-listed Brera Holdings rebranded as Solmate after an oversubscribed $300 million PIPE led by UAE-based Pulsar Group with backing from ARK Invest, RockawayX and the Solana Foundation.
• ARK Invest disclosed buying about $162 million of BREA shares, adding 6.5 million across its ARKK, ARKW and ARKF ETFs.
• BREA shares surged intraday by as much as roughly 500% before paring gains, closing up more than 200% on the day across reports.
• Solmate plans to accumulate and stake SOL with a letter of intent for discounted token access from the Solana Foundation, continue its sports operations and seek a dual listing on a UAE exchange.
• The company will deploy bare‑metal Solana validators in Abu Dhabi to offer regional staking yields, joining a broader DAT wave with about 15.83 million SOL held by 16 tracked institutions, most of it already staked.