Mentioned:
There’s a new Solana treasury company on the Nasdaq. And the Solana Foundation and Cathie Wood are behind it.
What’s happening:
- Brera Holdings (NASDAQ: BREA) has raised $300M USD in a new equity financing round for the sole purpose of accumulating Solana
Why it matters:
- The new funding round was led by the Solana Foundation, Cathie Wood’s ARK Invest and early Solana investor RockawayX
Going deeper:
- Brera Holdings plans to imminently rebrand to SOLMATE and operate Solana validator infrastructure in Abu Dhabi
- Wall Street has been flooded with new mega financing rounds for Solana accumulation lately, including Galaxy Digital (NASDAQ: GLXY), Jump Crypto and Multicoin raising $1.5B USD and Pantera Capital founder Dan Morehead raising $500M USD
The intrigue:
- SOLMATE and the Solana Foundation have also publicly stated that the Solana Foundation will provide access to discounted Solana for SOLMATE to purchase
