In an advertisement issued earlier today, Solmate Solmate, which is based in Soliana and Crypto Infrastructure Solmate-previously known as Brara Holdings-has raised $ 300 million in a special position in the public stock offer (pipelines).
Solmate $ 300 million is raised to pay Solana Adoption
Brara Holdings, the owner of the NASDAC sports club, is now known as Solmate-adopting Solana because it has become the latest dat to raise up to $ 300 million to buy and share Sol TOKEN.
It is worth noting that the pipeline width sponsored by Plusar Group, a consulting company for technology based on the United Arab Emirates. It was also supported by Solana, RockawayX and other investment companies such as ARK Invest.
Solmate aims to increase the value of shareholders by collecting and supporting Sol, and developing new revenue flows from the fast Solana Solana. The company also stated that it plans to support the United Arab Emirates as a global capital of the Solana ecosystem.
The company added that Marco Santori, the former chief legal official in Kaken, will become the first CEO of Solmate. Solmate intends to invest in some money revenues to nude metal servers in Abu Dhabi, which have been formed to outperform the DAT Model Verification Strategies. Note Santori:
Solmate is not just another wardrobe. It will be implemented on a largely different strategy in a crowded dats from similar DATS by building a real infrastructure for encryption in the United Arab Emirates. Our stakeholders have a deep and long -term condemnation in the SOL ecosystem and are asking to collect Sol through bull markets and bear markets alike. Solmate is well placed where Solana is accelerated through institutional markets, Defi, NFTS, and AI.
Solmate auditor planned from regional investors will be able to benefit from the original Sol capacity to generate the return with a Sol auditor in the Middle East. Interestingly, the Solana network is expected to outperform both Bitcoin (BTC) and ETHEREUM (ETH) networks in the next three years due to high monthly developer additions.
After development, the shares of Brara Holdings increased significantly, trading them by $ 32.32, according to Yahoo! Data! finance. Likewise, Seoul rose to $ 250, circulating by 14.8 % less than its highest level (ATH) at the time of writing this report.
Can Sol compete with ETH?
Although BTC is still the largest digital asset depending on the maximum market, the main Sol competitor is ETH because they are smart contract platforms, unlike Bitcoin. Currently, ETH's market value is about $ 558 billion, compared to SOL at a value of $ 137 billion, but recent developments in Solana Ecosystem Bonding to fill this gap.
For example, FORWARD Industries, which was generally circulated recently at $ 1.58 billion in Sol Takens as part of the Treasury Strategy. A recent report indicated that approximately 1.55 % of the total Solana supplies are kept by the founders of institutional investors.
Sol also received another sign of approval from Mike Novoghatz recently, describing it as a favorite Blockchain for financial markets. At the time of the press, Sol is trading at $ 251.66, an increase of 7.8 % in the past 24 hours.
Distinctive image from Unsplash.com, plans from Yahoo! Finance and Tradingview.com
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