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Wu Blockchain (@WuBlockchain): Solmate Shares Drop Over 98% After $300M Financing and Solana Treasury Pivot

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Solmate Shares Drop Over 98% After $300M Financing and Solana Treasury Pivot Cathie Wood-backed Solmate has fallen more than 98% since completing a $300 million financing and pivoting to a Solana treasury strategy. Formerly known as Brera Holdings, Solmate announced its rebranding in September 2025 and raised a private financing round backed by ARK Invest, Pulsar, RockawayX and the Solana Foundation. The company currently holds about 2 million SOL.

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