Cathie Wood and Emirati investors are pouring hundreds of millions of dollars into a publicly traded football business that will begin buying crypto tokens, sending the company’s shares up more than 200 per cent.
Brera Holdings, which owns stakes in teams in Italy, North Macedonia, Mozambique and Mongolia, said on Thursday that it would begin stockpiling solana tokens, called SOL, following a $300mn private investment led by Abu Dhabi-based Pulsar Group and Wood’s ARK Invest.
Shares in Nasdaq-listed Brera, which will change its name to Solmate, jumped as much as 592 per cent to $52.95 following the announcement before…
