SOLmate
Brera Holdings (NASDAQ: BREA) has raised $300 million in a private placement from UAE investors and Cathie Wood’s Ark Invest to become a SOL treasury. The company will be renamed Solmate and has placed Marco Santori (the previous Chief Legal Officer of Kraken) as it’s CEO. Unlike other treasury companies launched to date, Solmate intends to continue operating Brera’s existing business line of soccer clubs. The stock is up more than 450% today. Read more →
Open the Floodgates
The SEC just approved generic listing standards that shorten the path for spot crypto ETFs – from months to as little as ~75 days – clearing the way for more products beyond BTC & ETH. Fresh off higher ETF hopes, altcoin prices outside the top 10 such as AVAX, PENGU, IMX, and NEAR are ripping higher. DOGE is also up 7% this morning as the first dogecoin-backed ETF is due to begin trading today. Read more →
Bullish reports first earnings as public company
Fresh off a blockbuster IPO in August where the company’s shares at one point more than tripled, BLSH yesterday reported it’s first quarterly earnings. The exchange posted a profit of $108.3 million (or 93 cents a share) in Q2, compared with a loss of $116.4 million (or $1.03 a share) in the same quarter a year earlier. Shares are already up more than 12% this morning. Read more →
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This is a paid advertisement for Pacaso's Regulation A offering. Please read the offering circular at invest.pacaso.com. Reserving the ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals.
