SOL Strategies buy HoudiniSwap at a price of 18 million USD

SOL Strategies, the Solana ecosystem treasury company listed on Nasdaq, has reached an agreement to acquire HoudiniSwap for $18 million.

HoudiniSwap is a privacy-focused, non-custodial cross-chain trading aggregation platform that helps users find optimal swap routes between centralized exchanges, decentralized exchanges, and cross-chain bridges. The platform recorded approximately $13 million in revenue last year.

SOL Strategies stated that this deal aligns with the company’s long-term strategy of “bringing Solana into institutional financial infrastructure.”

The company also aims to expand from operating a single validator and staking into transaction routing, cross-chain liquidity, and software-based revenue structures.

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