Inside Solmate’s pivot from football clubs to crypto
- Brera Holdings has become Solmate
- Raised $300m to buy Solana crypto
- Plans UAE infrastructure
“It’s a technology bet, not a bet on a new monetary system like Bitcoin,” says Marco Santori, the new CEO of crypto-holding company Solmate.
Previously known as Brera Holdings, it was a little-known Ireland-based international holding company that specialised in buying and running lower-tier football teams.
It made headlines last month after it announced raising $300 million to go beyond sports teams and become a holding company for the Solana cryptocurrency and rebranding as Solmate.
Solmate’s CEO explains to AGBI the strategy behind the pivot – and it is not without its risks.
The plan is to turn Solmate…