The post Cathie Wood Backs $300M Solana Deal com. Solana (SOL) gains attention as Brera Holdings, a NASDAQ-listed football ownership company, rebrands to Solmate following a $300 million investment led by ARK Invest and Abu Dhabis Pulsar Group. The firm plans to accumulate the cryptocurrency and pursue a dual listing in the UAE, driving a surge in its share price and broader market interest. Cathie Wood Endorses $300M Acquisition Brera Holdings, an Ireland-based multi-club football operator with assets in Italy, North Macedonia, Mozambique, and Mongolia, is shifting strategy after obtaining a $300 million private investment led by ARK Invest and Pulsar Group. The capital will enable the company, soon to be renamed Solmate, to begin stockpiling Solana (SOL) tokens. Shares in Brera surged dramaticallyat one point nearly 600%before closing around 225% higher following the announcement. This approach echoes models used by firms that build substantial crypto treasuries, notably MicroStrategy, which has raised equity and debt to acquire roughly $75 billion in bitcoin. In parallel with the announcement, SOL has experienced an upward price movement. Over the past seven days, SOL rose about 8. 5%, reaching roughly $247. 50 at the time of writing. This gain reflects renewed market interest tied to Solmates strategy. Solana(SOL) Price : BeInCrypto Marco Santori, formerly with Kraken and Pantera Capital, has been appointed CEO of Solmate, stating that the company intends to be more than a simple crypto treasury. The board also includes economist Arthur Laffer, whose involvement appears to have been a catalyst for Cathie Woods participation. Cantor Fitzgerald served as advisor in the private placement. Breras football operations have had mixed.