UAE Crypto Centers Attract Institutional Interest with ARK Invest Supporting Solmate’s Solana Ecosystem

Under the leadership of Cathie Wood, ARK Invest has purchased close to $162 million in shares of Solmate, a company listed on Nasdaq that recently changed its name from Brera Holdings ARK Buys $162M of Shares in SOL Treasury Company Solmate [ 1 ]. The firm has included 6.5 million shares of BREA in its ARKK,

, and ARKF ETFs, signifying a calculated move into the (SOL) ecosystem ARK Buys $162M of Shares in SOL Treasury Company Solmate [ 1 ]. Solmate, which adopted its new branding after a $300 million private investment in public equity (PIPE) round, intends to set up a Solana-based treasury and supporting infrastructure in the United Arab Emirates (UAE). This funding round was led by Pulsar Group, based in UAE, and received backing from the Solana Foundation, RockawayX, and Invest Solana Rises 1.9% as Ark Invest Leads $300M Solmate Treasury [ 2 ].

The shift from

to Solmate marks a transition from focusing on sports club management to embracing the cryptocurrency sector. On the day this change was announced, the company’s stock soared by more than 225%, ending at $24.90 after peaking at $52.95 ARK Buys $162M of Shares in SOL Treasury Company Solmate [ 1 ]. Such price swings highlight the strong investor optimism in the company’s new direction and in the wider Solana network. Marco Santori, previously Kraken’s Chief Legal Officer, has been named CEO, reinforcing Solmate’s aim to create “real crypto infrastructure” in the UAE Solmate Raises $300M for Solana Treasury With ARK Invest and … [ 3 ]. The leadership includes economist Dr. Arthur Laffer and members from the Solana Foundation, bringing together traditional finance know-how and blockchain experience Solmate Raises $300M for Solana Treasury With ARK Invest and … [ 3 ].

Solmate’s approach centers on accumulating and staking

tokens, while rolling out high-performance validators in Abu Dhabi. This infrastructure is designed to generate staking returns for investors and to strengthen the Solana network Solana Rises 1.9% as Ark Invest Leads $300M Solmate Treasury [ 2 ]. The company’s strategies coincide with increasing institutional interest in Solana, especially in the UAE, where regulations around digital assets are becoming more favorable Solmate Raises $300M for Solana Treasury With ARK Invest and … [ 3 ]. Presently, corporate treasuries possess about 15.83 million SOL, valued at nearly $4 billion, accounting for 3% of the total SOL supply Solana Rises 1.9% as Ark Invest Leads $300M Solmate Treasury [ 2 ].

Investors have responded positively to Solmate’s rebranding, with Solana’s price climbing to $244, representing a 20% rise over the past month ARK Buys $162M of Shares in SOL Treasury Company Solmate [ 1 ]. Derivatives funding rates for Solana have remained mostly positive, showing continued interest in holding long positions despite brief pullbacks in August and September Solana Rises 1.9% as Ark Invest Leads $300M Solmate Treasury [ 2 ]. Technical analysis, such as the Relative Strength Index (RSI) at 66.7, points to ongoing bullish sentiment, with experts predicting the price may approach the $300 mark Solana Rises 1.9% as Ark Invest Leads $300M Solmate Treasury [ 2 ].

Both ARK Invest’s recent commitment and Solmate’s rebranding demonstrate a wider movement toward institutional involvement in Solana. ARK’s expansion into the Solana ecosystem follows similar steps taken by other Nasdaq-listed organizations, including

Corp., which has broadened its Treasury Accelerator initiative to include digital asset treasury funding Solmate Raises $300M for Solana Treasury With ARK Invest and … [ 3 ]. Analysts point out that Solmate’s emphasis on validator deployment and infrastructure development sets it apart from other digital asset treasuries, putting it in a strong position to benefit from the UAE’s expanding crypto landscape Solmate Raises $300M for Solana Treasury With ARK Invest and … [ 3 ].