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Solmate Buys $50M in Discounted SOL from Solana Foundation as Ark Invest Takes 11.5% Stake
Yahoo Finance· 2025-10-14 21:41
Solmate Infrastructure announced a $50 million purchase of SOL tokens at a 15% discount during what the company described as the “worst liquidation event” in crypto history. The acquisition, made by the NASDAQ-listed company formerly known as Brera Holdings, will power Solmate’s bare metal infrastructure operations in the United Arab Emirates. Simultaneously, Cathie Wood’s Ark Invest disclosed an 11.5% ownership stake in Solmate Infrastructure through a Schedule 13G filing dated September 30, 2025, build ...