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SOL Strategies acquires cross-chain aggregator Houdini for $18 million to expand transaction routing and on-chain liquidity services
BlockBeats News, May 4th, Nasdaq-listed Solana ecosystem treasury company SOL Strategies announced the acquisition of the non-custodial, privacy-focused cross-chain aggregator HoudiniSwap for $18 million. The platform generated approximately $13 million in revenue last year, offering competitive exchange pathways across centralized and decentralized exchanges and blockchain bridges.
SOL Strategies stated that this acquisition will support its mission to “integrate Solana into institutional financial infrastructure.” By expanding from validator operations and staking to transaction routing infrastructure, cross-chain liquidity, and software-based revenue, the company is building a broader platform to support institutions in moving capital on-chain and participating in various ways.