ARK still invests US$162 million to increase its holdings in Solmate after participating in SOL Treasury financing

PANews reported on September 19 that according to CoinDesk, ARK Invest spent about US$162 million to increase its stake in Solmate (BREA) after raising $300 million in financing from Solmate (formerly Brera Holdings). Solmate plans to build a digital asset vault based on Solana (SOL), and financing parties include Pulsar Group, RockawayX and Solana Foundation. ARK allocates 6.5 million shares of BREA to its three ETFs. BREA's share price rose by more than 225% during the session and closed at $24.90. SOL broke through $250 this week, with a monthly increase of more than 20%.