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Solmate Secures $300M to Build Solana Treasury in UAE

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Pulsar Group, a venture studio and consultancy based in the United Arab Emirates, has emerged as one of the four lead investors in a $300 million Private Investment in Public Equity (PIPE) round for Solmate (previously called as Brera Holdings), a Solana-based digital asset treasury (DAT). The development highlights the growing role of the UAE in advancing blockchain innovation and digital transformation across the region.

Solmate, which recently entered the market, is planning to establish bare-metal validator servers in Abu Dhabi. This initiative is expected to create the region’s first large-scale Solana infrastructure hub, which would contribute to reinforcing decentralization within the blockchain network. By anchoring Solana’s infrastructure in the UAE, the project is positioning the country as a critical node in the ecosystem’s global expansion.

Commitment to progressive blockchain policies

The leadership at Pulsar Group has pointed to the UAE’s consistent efforts in positioning itself as a blockchain-friendly jurisdiction. The company expressed confidence that the decision to back Solmate aligns with the nation’s wider strategy of fostering real infrastructure to advance digital assets. According to its leadership, the partnership with Solmate aims to bring innovation, skilled professionals, and new opportunities into the UAE while simultaneously accelerating Solana adoption.

The PIPE round, which attracted major global partners such as the Solana Foundation, RockawayX, and ARK Invest, is being seen as a signal of rising institutional trust in blockchain development in the Middle East. The investment further underscores how the UAE’s economic diversification agenda is being supported by the integration of emerging technologies, including decentralized networks.

A differentiated approach to the treasury market

Marco Santori, who is set to take over as CEO of Solmate, described the company’s vision as distinct within the crowded digital asset treasury sector. He emphasized that Solmate intends to move beyond traditional treasury strategies by creating tangible crypto infrastructure within the UAE. He added that the stakeholders backing the project are firmly aligned with the Solana ecosystem and intend to accumulate SOL tokens consistently, regardless of broader market cycles. This approach, he suggested, would strengthen Solmate’s credibility and resilience in an evolving market environment.


Driving regional growth through partnerships

Looking ahead, Pulsar Group is expected to play a pivotal role in providing guidance to blockchain and technology enterprises seeking to leverage the UAE’s favorable digital asset policies. The firm has indicated its intention to attract leading global talent and encourage the formation of strategic alliances. By fostering such an environment, Pulsar aims to contribute to the UAE’s transformation into a hub for blockchain and Web3 activity in the region.

The Solmate investment marks another step in consolidating the UAE’s reputation as a center for blockchain infrastructure and innovation. By bringing together global investors and deploying next-generation infrastructure in Abu Dhabi, the initiative not only enhances the Solana network but also aligns with the country’s long-term vision of embedding cutting-edge technologies into its diversified economy.

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