SOL Strategies buys Solana privacy startup Darklake as it expands beyond treasury operations

SOL Strategies has agreed to acquire Darklake Labs, a Solana-native zero-knowledge startup, for $1.2 million in cash and stock. This acquisition brings Darklake's privacy-focused execution technology, Zyga, and its research team to SOL Strategies. Zyga is designed to enable private transaction execution on Solana while mitigating front-running and sandwich attacks. The deal also includes Darklake's core team, including CEO Vitor Py Braga and COO Amber Hales. This move signifies SOL Strategies' expansion into technology development within the Solana ecosystem, complementing its existing treasury and validator operations, which have seen significant growth in Solana holdings and institutional staking services.

(Source：Crypto Briefing)