A company that once owned European soccer clubs is now at the center of one of the most spectacular stock collapses in the crypto-adjacent public markets. Solmate Infrastructure, formerly known as Brera Holdings, has seen its share price crater more than 98% following a $300 million PIPE financing round, a full rebrand, and a strategic pivot to becoming a Solana-focused digital asset treasury company.
The investor roster reads like a who’s who of crypto-native capital. The Solana Foundation, ARK Invest, RockawayX, and UAE-based Pulsar Group all participated in the financing.
From soccer pitches to Solana staking
Brera Holdings was, until recently, in the business of owning and operating European soccer clubs. But in 2025, the company executed a full pivot, rebranding as Solmate Infrastructure and repositioning itself around Solana-centric treasury management and infrastructure operations.
Marco Santori came on as the new CEO, part of a broader leadership overhaul. The company set its sights on the UAE as its primary hub for developing Solana-focused infrastructure.
