On June 2, Canadian publicly traded company SOL Strategies announced that it has completed the previously disclosed acquisition of Houdini Swap. The total value of this transaction is $18 million, which will be paid through a combination of cash and SOL Strategies common stock. Houdini Swap is a non-custodial cross-chain trading aggregation platform focused on privacy protection. To date, the platform has processed approximately $2.5 billion in cross-chain exchange transactions and is projected to generate over $13 million in revenue by 2025 through partnerships with 32 trading platforms. SOL Strategies stated that this acquisition further enhances the company's business layout within the Solana ecosystem. In addition to its validator infrastructure and liquid staking business, the company now adds a trading business that has been operational for nearly three years, with stable revenue growth and large transaction volumes, further expanding its digital asset infrastructure footprint. The acquisition plan was initially announced on May 4, 2026, and has now officially completed its delivery.
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