SOL Strategies to acquire cross-chain swap aggregator Houdini for $18 million
The Block
SOL Strategies has reached a definitive agreement to acquire the cross-chain swap aggregator HoudiniSwap for $18 million.Summary
Nasdaq-listed SOL Strategies has announced an $18 million acquisition of HoudiniSwap, a privacy-focused, non-custodial cross-chain swap aggregator. The deal is valued at $8.25 million in cash, a $5.75 million promissory note, and $4 million in company stock. This move aims to diversify SOL Strategies' revenue streams beyond staking and validator operations into transaction routing and cross-chain liquidity to support institutional adoption of Solana.
(Source：The Block)