Brera PLC(US:BREA) Globenewswire·2025-10-02 13:00Core Viewpoint - Brera Holdings PLC is rebranding to Solmate and will start trading under the new ticker symbol SLMT on October 3, 2025, reflecting its focus on Solana-based crypto infrastructure [2][3] Company Strategy - Solmate aims to enhance its role as a leading Solana-focused infrastructure company by building dedicated servers in Abu Dhabi to directly support Solana's network, which is expected to generate more Solana per share compared to peers [4][5] - The company emphasizes its commitment to growing SOL-per-share through the establishment of performant hardware in strategic locations [3][4] Market Positioning - Solmate is positioned as a pioneer in the Middle East for Solana validation, providing local staking options for investors and supporting the UAE's digital transformation agenda [6][8] - The company highlights Abu Dhabi's favorable regulatory environment and access to capital markets as key advantages for blockchain innovation [7][8] Infrastructure and Technology - Solmate's infrastructure is designed to handle high transaction volumes efficiently, leveraging Solana's capabilities as one of the fastest-growing blockchains [5][6] - The company aims to capitalize on the increasing adoption of Solana across various sectors, including institutional finance, DeFi, NFTs, and AI [5] Leadership and Partnerships - The leadership team includes experienced professionals such as Marco Santori, former Chief Legal Officer of Kraken, and is backed by a $300 million oversubscribed PIPE sponsored by Pulsar Group [8] - Partnerships with entities like the Solana Foundation and ARK Invest further strengthen Solmate's market position [8]