SOL Strategies announces the completion of a $18 million acquisition of Houdini Swap
By: rootdata|2026/06/02 21:43:23
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Canadian publicly listed 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, through partnerships with 32 trading platforms, is projected to generate over $13 million in revenue by 2025. SOL Strategies stated that this acquisition further enhances the company's business layout within the Solana ecosystem. In addition to 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 trading volume, further expanding its digital asset infrastructure landscape. This acquisition plan was initially announced on May 4, 2026, and has now officially completed the delivery.
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