ARK Invest Buys $162 Million Stake in Brera Holdings Amid Solana Push

ARK Invest has increased its stake in Solmate (formerly Brera Holdings), acquiring $162 million worth of shares after a $300 million funding round. The company plans to develop a digital asset vault on Solana with backing from Pulsar Group, RockawayX, and the Solana Foundation. Following the announcement, Solmate’s stock surged over 225%, and Solana’s SOL token reached a new high of $250.

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