Abu Dhabi: Solmate Infrastructure (NASDAQ: SLMT), a blockchain infrastructure company with a market capitalization of $614 million, has selected a data center in the United Arab Emirates to host its first Solana validator in the Middle East. The move marks a significant milestone for the region’s growing role in global blockchain infrastructure.
The company confirmed that it has completed assembly of its first validator hardware and is currently testing its configuration using SOL tokens acquired “at a historic discount to market prices.” Once live, the validator will be the first high-performance Solana validator in the Middle East, strengthening the region’s contribution to the rapidly expanding Solana ecosystem.
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ToggleStrategic Expansion and M&A Plans
Alongside the launch, Solmate Infrastructure announced that it will pursue a mergers and acquisitions (M&A) strategy targeting companies within the Solana value chain. The initiative will focus on projects and businesses where Solmate’s existing SOL treasury can accelerate growth.
“Our SOL reserves will act as fuel for innovation within the Solana ecosystem,” said Marco Santori, CEO of Solmate Infrastructure. “This is not just about validation — it’s about catalyzing a new wave of blockchain-driven infrastructure and enterprise adoption across the Middle East.”
The announcement follows the company’s growing focus on the Solana blockchain, which has seen increasing global adoption for its scalability, efficiency, and developer-friendly ecosystem.
Regulatory and Financial Developments
In addition to its infrastructure rollout, Solmate also revealed an amendment to its registration rights agreement with investors from its $300 million private investment in public equity (PIPE) financing round.
The updated agreement provides “maximum flexibility” for the company as it moves forward with new infrastructure initiatives, with the registration statement for PIPE investor shares now expected to be filed with the U.S. Securities and Exchange Commission (SEC) by November 22, 2025.
Despite recent share volatility — with prices down around 20% over the past week — Solmate reported strong fundamentals, with 151.5% year-over-year revenue growth. Over the past six months, SLMT shares have surged 77%, reflecting investor confidence in the company’s long-term blockchain strategy.
From Brera to Solmate: A Strategic Rebrand
Formerly known as Brera Holdings LLC, the company underwent a major transformation earlier this year, rebranding as Solmate Infrastructure to reflect its new focus on blockchain hardware and decentralized systems built around the Solana network.
The rebranding was supported by a $300 million PIPE investment led by UAE-based Pulsar Group, alongside backing from ARK Invest, RockawayX, and the Solana Foundation. The oversubscribed funding round signals strong institutional confidence in the company’s mission to strengthen global crypto infrastructure.
As part of its strategic partnership with the Solana Foundation, Solmate purchased $50 million worth of SOL tokens at a 15% discount during a market downturn. The Foundation also secured the right to nominate up to two members to Solmate’s board, underscoring the alignment between both entities.
Since October 3, 2025, Solmate has traded under its new ticker symbol “SLMT”, representing a clean break from its earlier identity and solidifying its position as a Solana-focused digital asset and infrastructure company.
Building the Future of Blockchain Infrastructure in the UAE
Headquartered in Abu Dhabi, Solmate Infrastructure’s expansion into the UAE reflects the country’s growing influence in global digital assets and blockchain innovation. The UAE has established itself as a hub for next-generation Web3 initiatives, thanks to forward-looking regulation, strong institutional participation, and a supportive investment environment.
Under the leadership of Marco Santori, formerly Chief Legal Officer at Kraken, Solmate plans to leverage the UAE’s strategic advantages to expand its validator operations and drive broader blockchain adoption in the region.
“The UAE is becoming one of the most trusted destinations for blockchain infrastructure,” Santori said. “Our presence here reinforces Solmate’s long-term commitment to reliability, performance, and innovation across the Solana network.”
A Catalyst for Regional Blockchain Growth
With this launch, Solmate Infrastructure is positioning the Middle East as a new center of gravity in the global blockchain landscape. The establishment of the first Solana validator in the region not only enhances the network’s decentralization but also opens new opportunities for collaboration, investment, and innovation across decentralized finance (DeFi), tokenization, and Web3 infrastructure.
As Solmate continues to expand its infrastructure portfolio and explore strategic acquisitions, its UAE operations are expected to serve as the foundation for further regional and global growth in 2026 and beyond.