Solmate Shifts Toward Solana Treasury and Infrastructure in UAE

Highlights:

• Brera Holdings plans to rename itself as it shifts its business toward the Solana blockchain infrastructure.
• The company raised $300 million to build validator infrastructure and expand its Solana treasury strategy.
• Brera will close two football teams and redirect the funds toward blockchain infrastructure development.

Brera Holdings is transitioning its business toward Solana infrastructure and plans to change its legal name to Solmate Infrastructure PLC. The Nasdaq-listed company confirmed the plan after its board approved a proposal to reposition the firm around blockchain infrastructure and digital asset treasury activity. The proposal also includes changes to the company’s constitutional documents to reflect the new direction.

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🚨 Nasdaq listed Solmate (Brera Holdings PLC) proposes 10 for 1 reverse stock split + name change to Solmate Infrastructure PLC 📈🇦🇪

The Block reports: Move to accelerate Solana Center construction in UAE.
Also divesting 2 underperforming football teams (keeping Juve Stabia)… pic.twitter.com/8eGsBMdrFJ

— ChartSage (@CryptoChartSage) March 11, 2026

The company intends to run these operations from Abu Dhabi. Executives said the city will serve as the main base for validator infrastructure and blockchain services connected to the Solana network. The company expects the location to support regional infrastructure development tied to digital assets.

The decision follows a strategy announced in September 2025. At that time, the company revealed plans to shift its business toward the Solana ecosystem. The management began reducing its focus on sports ownership during that period.

Brera Holdings previously built its business through football club investments. The company holds stakes in several teams across different regions. However, the management is now directing capital toward blockchain infrastructure instead of expanding the sports portfolio. CEO Marco Santori said the company will focus its capital and corporate identity on Solana infrastructure. He also said the firm intends to operate within the region’s growing digital economy.

Solana Treasury Expansion Backed by $300M Financing and Validator Deployment

Solmate’s infrastructure and the Solana treasury strategy come after the company raised major funding in 2025. The firm secured $300 million in September through a private investment in public equity. Investors oversubscribed the placement. Several institutions, such as Solana Foundation and ARK Invest, participated in the funding round.

The company plans to accumulate and stake SOL tokens under this strategy. The management also plans to operate validator infrastructure connected to the Solana network. The firm also plans to deploy specialized staking infrastructure in the UAE. This infrastructure would give regional investors access to local validator services.

Solmate launched one of these systems in November last year. The company introduced a bare-metal Solana validator in the UAE during that month. Partners and public users can stake SOL tokens through the validator. The company operates the validator with zero commission, allowing participants to keep the full staking reward.

Solmate Infrastructure's UAE validator is 100% operational despite the unrest in the Middle East:

Solmate's UAE-based Solana validator operations remain 100% functional amid recent attacks on cloud service providers.

Running dedicated bare-metal servers in high-security…

— Solmate $SLMT (@Solmate) March 2, 2026

Reverse Stock Split Proposal and Portfolio Restructuring

Brera Holdings also plans to restructure parts of its sports portfolio. The management intends to close two football teams that generated weak financial results. The management plans to redirect capital from the closed teams toward blockchain infrastructure development. These funds will support validator expansion and digital asset operations in the UAE.

The board also approved a proposal for a 10-for-1 reverse stock split. The proposal would convert every ten Class A and Class B shares into one share. The plan would raise the nominal share value from $0.05 to $0.50. The company said it will not issue fractional shares. Shareholders will vote on the proposal during a meeting scheduled for April 7. If investors approve the plan, the company’s shares will continue trading on Nasdaq under the ticker SLMT.

The company’s stock price has declined during recent months. The shares fell 5.17% on Tuesday. Over the past six months, the stock has dropped more than 82%.

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