SOL Strategies Signs $18 Million Deal to Acquire Privacy-Focused Swap Aggregator Houdini

CryptoProwl

Mon, May 4, 2026 astatine 11:49 AM CDT 2 min read

SOL Strategies (NASDAQ: $STKE) said Monday it has signed a definitive statement to get HoudiniSwap LLC for $18 million, adding a non-custodial, privacy-focused cross-chain swap aggregator to its Solana infrastructure strategy. 

Houdini helps users way swaps crossed centralized exchanges, decentralized exchanges and blockchain bridges without taking custody of funds, giving SOL Strategies different software-driven concern enactment beyond staking and validator operations.

For SOL Strategies, the entreaty is partially successful Houdini’s standard and partially successful wherever its enactment already touches Solana. The institution said Houdini generated astir $13 cardinal successful gross successful 2025, has processed much than $2.5 cardinal successful cumulative transaction volume, and supports entree crossed much than 100 blockchain networks. More than fractional of Houdini’s trailing 12-month measurement touched the Solana (CRYPTO: $SOL) blockchain, according to the release.

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The operation keeps the woody comparatively measured portion adding a imaginable gross stream. The acquisition terms includes $8.25 cardinal successful cash, a $5.75 cardinal six-month promissory note, $4 cardinal successful shares and $100,000 successful warrants. The woody besides includes a two-year earnout of up to $10 million, tied to a $2.5 cardinal yearly EBITDA hurdle. 

SOL Strategies said it does not program to merchantability immoderate of its Solana treasury assets to money the acquisition, which remains taxable to customary closing conditions, including CSE approval, and is expected to adjacent connected oregon earlier May 29.

CEO Michael Hubbard said Houdini adds “users and volume” portion broadening SOL Strategies into a cross-chain transaction engine. Chief Strategy Officer Stephen Ehrlich framed the woody arsenic portion of a much balanced concern model, saying scalable exertion and transaction gross tin make stronger margins and much durable currency flow. That fits the company’s caller pattern. 

After acquiring Darklake Labs’ Zyga privateness technology, SOL Strategies is present trying to physique a broader Solana-facing level astir privacy, routing, execution prime and organization infrastructure.

SOL Strategies Inc. (NASDAQ: STKE) banal is presently trading astatine $1.38 U.S. per share.