Nasdaq-listed Solmate to build Solana hub in UAE

Nasdaq-listed company Solmate (SLMT) is establishing a Solana hub in the United Arab Emirates (UAE) as part of a corporate restructuring, The Block reported. The company plans to amend its articles of incorporation to officially include blockchain infrastructure and digital asset treasury operations as its core businesses. This move is an extension of a corporate transition that began last September, when Solmate rebranded from a soccer club owner to a Solana infrastructure provider.