Solmate Appoints Marco Santori as CEO, Plans UAE's First Large-Scale Solana Infrastructure Hub
Solmate, a Nasdaq-listed company, has appointed Marco Santori, former Chief Legal Officer at Kraken and partner at Pantera Capital, as its CEO. The company, previously known as Brera Holdings, is refocusing as a Solana-based digital asset treasury and infrastructure firm backed by $300 million. Its aim is to build cryptocurrency infrastructure and stake SOL coins in the UAE, with Pulsar Group, based in the UAE, leading a $300 million PIPE round.
Solmate's strategy centers around creating tangible cryptocurrency infrastructure within the UAE. It plans to establish bare-metal validator servers in Abu Dhabi, marking the region's first large-scale Solana infrastructure hub. The company aims to consistently accumulate SOL coins, bolstering its credibility and resilience in the dynamic market environment.
The UAE's blockchain-friendly policies attracted Pulsar Group to invest in Solmate. The investment signals rising institutional trust in blockchain development in the Middle East. Pulsar Group aims to attract global talent and foster strategic alliances, further solidifying the UAE's status as a hub for blockchain and Web3 activity. This move also strengthens the UAE's reputation as a center for blockchain infrastructure and innovation.
With Marco Santori at the helm, Solmate is poised to create real cryptocurrency infrastructure and consistently accumulate SOL coins through all market cycles. The company's plans, backed by a significant investment from Pulsar Group, align with the UAE's vision to advance digital assets and infrastructure in the region.
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