Solmate Eyes Abu Dhabi Hub As It Sharpens Solana Infrastructure Strategy Focus

TLDR

Table of Contents

Solmate plans to focus operations in Abu Dhabi as it builds Solana infrastructure.
The board approved a proposal to rename Brera Holdings PLC as Solmate Infrastructure PLC.
The proposal includes constitutional updates and a reverse stock split for share restructuring.
Solmate plans to wind down two soccer teams and keep Juve Stabia in its portfolio.

Solmate Infrastructure said it will center its operations in Abu Dhabi as it sharpens its Solana infrastructure strategy. The company is currently listed as Brera Holdings PLC on Nasdaq under the ticker SLMT.

The company announced the move on March 10, 2026. It said the plan is meant to align its legal structure and capital use with its blockchain business. The proposal still needs shareholder approval.

Abu Dhabi becomes the core of the company plan

Solmate said Abu Dhabi will be its main operating focus as it builds an institutional-grade Solana infrastructure business. The company described the move as part of a broader shift toward digital infrastructure and treasury activity.

The filing said the company wants to position itself for institutional accessibility. It also said the plan will concentrate capital on blockchain-related operations instead of legacy activities.

The board approved a proposal to change the legal entity name from Brera Holdings PLC to Solmate Infrastructure PLC. The company said the change would align the legal name with its brand and business model.

It also proposed updates to its constitutional documents. Those changes would reflect the company’s focus on digital asset infrastructure and treasury strategy.

Capital changes are part of the transition

Solmate said the proposal includes a reverse stock split. The company said this step is intended to place the share price in a range often preferred by institutional investors.

The filing also said the reverse split may give the company more flexibility for strategic financing options. No ratio for the reverse split was included in the announcement text provided.

The company framed the changes as part of a formal corporate alignment. It said the shift is designed to support a business built around Solana infrastructure and treasury activity.

Chief Executive Officer Marco Santori described the transition as a strategic move tied to opportunities in Abu Dhabi. He said, “By focusing our capital and corporate identity on Solana, we are positioning ourselves to be a central player in the region’s rapidly expanding digital economy.”

Sport portfolio will be reduced

Alongside the blockchain plan, Solmate said it will streamline its legacy sport assets. The company plans to wind down Brera Tchumene and Brera IIch, which it described as underperforming soccer teams.

The company said it will keep Juve Stabia, its flagship Italian football operation. Capital released from the sport portfolio changes is expected to support the UAE-based Solana expansion.

This marks a further shift away from the company’s earlier sports-centered identity. The filing presents the sports changes as a capital reallocation step rather than a separate operating strategy.

The approach also links the corporate restructuring with the funding plan. Solmate said the freed capital will help accelerate its infrastructure push in Abu Dhabi.

Shareholders will decide the next steps

The proposed corporate changes are not yet final. Shareholders must approve the name change, constitutional amendments, and capital structure revisions before they take effect.

Until then, the company remains Brera Holdings PLC in legal form, even as it presents Solmate Infrastructure as its operating identity. The announcement signals a clear move toward a blockchain-led structure with Abu Dhabi at the center.

The filing describes the transition as more than a branding update. It presents a company reshaping its legal framework, capital structure, and asset mix around Solana infrastructure.

The result is a narrower business focus and a clearer regional base. Solmate is now positioning Abu Dhabi as the center of its next growth phase in digital infrastructure.