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Deep Tide TechFlow News, May 4th, according to The Block, Nasdaq-listed Solana ecosystem treasury company SOL Strategies announced the signing of a definitive acquisition agreement with HoudiniSwap, with an acquisition amount of $18 million, including $8.25 million in cash, $5.75 million in six-month promissory notes, and $4 million in STKE stock (calculated based on the volume-weighted average price over the 90 days prior to the completion of the acquisition).
HoudiniSwap is a non-custodial, privacy-focused cross-chain swap aggregation platform that supports competitive routing for cross-centralized and decentralized exchanges and blockchain bridges, with last year's revenue of approximately $13 million.