Solmate Infrastructure plans a 10-for-1 reverse stock split as it pivots capital toward building Solana infrastructure in Abu Dhabi. The move signals a deeper push by public companies to anchor blockchain operations in the United Arab Emirates’ expanding digital asset economy.
The firm currently operates under the legal entity Brera Holdings PLC and trades on Nasdaq under the ticker SLMT. Its board approved a proposal Tuesday to rename the company Solmate Infrastructure PLC and formally reposition the business around Solana ecosystem infrastructure and digital asset treasury operations. The reverse split would consolidate every 10 Class A and Class B shares into one share, increasing nominal value from $0.05 to $0.50 pending shareholder approval at an April 7 meeting.
Why Is Solmate Pivoting Capital Toward Solana Infrastructure?
The restructuring extends a strategy unveiled in September 2025, when the company raised $300 million through an oversubscribed private investment in public equity to build a Solana-focused treasury and infrastructure platform. Backers included the Solana Foundation, Ark Invest, RockawayX, and UAE-based Pulsar Group. Under that plan, Solmate aims to accumulate and stake Solana (SOL) while operating validator infrastructure for regional investors.
Solmate InfrastructureStill, the shift also requires shedding legacy assets. The company plans to wind down two underperforming soccer teams from its portfolio while retaining Italian club Juve Stabia, redirecting freed capital into blockchain operations in the UAE.
Solmate already launched what it described as the first bare-metal Solana validator in the UAE in November 2025, allowing partners and the public to stake SOL directly with zero commission. Could public market infrastructure operators become a new gateway for institutional access to staking yields?
“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,” said Marco Santori, CEO of Solmate, in a company statement.
The transition comes amid volatile equity performance. SLMT shares fell 5.17% Tuesday and are down 82.26% over the past six months, according to Nasdaq data. The next catalyst will likely emerge after the April 7 shareholder vote, which will determine whether the reverse split and corporate restructuring proceed as planned.
