Solmate advances Solana infrastructure and Middle East expansion

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Solmate strengthens Solana infrastructure

Rebranding and a new business structure

One of the key steps will be a change of the legal name: Brera Holdings PLC is expected to be renamed Solmate Infrastructure PLC. The final decision will be made by shareholders. The company says the new name reflects its current specialization and long-term strategy.

At the same time, the company plans to update its constitutional documents to formalize a focus on digital infrastructure and treasury management tied to the Solana network. Management also intends to reduce exposure to non-core projects. In particular, this includes exiting several football teams, including Brera Tchumene and Brera IIch, while the Italian club Juve Stabia is expected to remain in the portfolio.

Freed-up capital is expected to be redirected toward infrastructure projects in the United Arab Emirates and initiatives connected with the Solana ecosystem.

“This transformation is the culmination of Brera’s strategic shift toward infrastructure opportunities we see in Abu Dhabi,” said Marco Santori, CEO of Solmate. “By focusing our capital and corporate identity on Solana, we are positioning ourselves to be a central player in the region’s rapidly expanding digital economy. This is not just a name change, it is the evolution of a specialized infrastructure firm built for the future of capital markets.”

Changes in capital structure

As part of the restructuring, Solmate has also proposed a 10-for-1 reverse stock split. The proposal will be submitted for shareholder approval. Management believes the move could bring the share price into a range typically preferred by institutional investors.

Following the potential consolidation, the shares will continue trading on Nasdaq under the ticker SLMT. Shareholder ownership percentages will remain unchanged, except for adjustments related to rounding of fractional shares.

Why attention is turning to Solana and the Gulf region

Solana’s selection as the core technological platform reflects growing interest in the network among developers and financial institutions. Thanks to its high throughput and relatively low transaction costs, the blockchain is widely used in DeFi projects, payment services, and asset tokenization platforms.

Large financial institutions have also begun exploring the technology. Citi, for example, is studying how the Solana blockchain could be used to modernize infrastructure for global trade. At the same time, Gulf countries, including the United Arab Emirates, are building regulatory frameworks for digital asset companies and seeking to attract international technology projects.

Abu Dhabi and Dubai have already introduced specialized regulatory regimes for crypto businesses. In such an environment, infrastructure projects can operate in a jurisdiction with clearer rules and improved access to institutional capital.

Earlier reports also indicated that fintech firm SoFi had begun introducing direct deposits in the SOL token as part of efforts to integrate Solana infrastructure with the banking system. The move is viewed as another sign of growing institutional interest in using the Solana network for payments and investment services.

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