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Solana Treasury Skyrockets 500% After $300M Funding Round

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Solana Treasury Stock Jumps 500% After $300M Funding Round - CoinMarketCap

Nasdaq-listed Brera Holdings has announced its transformation into a Solana-focused treasury company, securing $300 million in funding. The stock price rocketed 500% before settling around $40 per share.

The private investment round was led by UAE-based Pulsar Group, with Ark Invest, Solana Foundation, and RockawayX also participating. Marco Santori, former Kraken Chief Legal Officer and Pantera Capital partner, leads the renamed company as CEO.

Solmate plans dual listings on Nasdaq and Abu Dhabi Securities Exchange, promising differentiated infrastructure development rather than standard digital asset accumulation strategies common among treasury firms.

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