Catenaa, Thursday, March 12, 2026-Solmate Infrastructure said Tuesday it plans a 10-for-1 reverse stock split and corporate rebranding as it pivots toward becoming a regional infrastructure hub for the Solana ecosystem in the United Arab Emirates.
The company, formerly known as Brera Holdings, said its board approved a proposal to rename the firm Solmate Infrastructure PLC and amend corporate documents to reflect a blockchain infrastructure strategy. Shareholders are scheduled to vote on the proposal on April 7.
The reverse stock split would consolidate shares at a ratio of 10-for-1 while keeping the Nasdaq ticker unchanged. Executives say the move is intended to raise the nominal share price and attract institutional investors as the company shifts away from sports assets toward digital infrastructure tied to blockchain networks.
Solmate plans to redirect capital toward operating validators, staking services and blockchain infrastructure supporting the Solana ecosystem. The strategy centers on expanding data center operations and validator nodes in Abu Dhabi to serve regional demand for digital asset infrastructure.
In late 2025 the company launched what it described as the first bare-metal Solana validator node operating in the United Arab Emirates. The node produced the region’s first verified Solana block and forms the base of a broader validator network offering staking services and infrastructure hosting.
The pivot follows a $300 million private investment round in 2025 backed by investors including Solana Foundation and ARK Invest. The funding supported expansion into blockchain infrastructure and validator services.
Solmate said it will gradually wind down several noncore sports assets previously owned through Brera Holdings while maintaining operations of the Italian soccer club Juve Stabia.
Executives say the shift reflects growing demand for blockchain infrastructure in the Middle East as governments encourage development of digital asset markets.
The United Arab Emirates has become a regional hub for digital asset companies through regulatory initiatives from authorities such as Dubai’s Virtual Assets Regulatory Authority and financial oversight within the Abu Dhabi Global Market.
Solana has emerged as one of the largest blockchain networks by transaction volume and developer activity. The network processes thousands of transactions per second and is widely used for decentralized finance, digital asset trading and blockchain-based applications.
Solmate said its Abu Dhabi infrastructure will focus on validator hosting, remote procedure call services and colocation facilities designed to reduce network latency for users across the Middle East and North Africa.
Solana launched in 2020 and grew rapidly as developers sought high-speed blockchain platforms for financial and consumer applications. The network uses a proof-of-stake consensus model supported by thousands of validators worldwide. As adoption expands, companies increasingly invest in infrastructure such as validator nodes, data centers and staking services to support network security and transaction processing.
