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Sol Strategies shares jump 12.6% after $18M HoudiniSwap acquisition boosts cross-chain capabilities

Market News
04 May 2026
Blockonomi
View Source
Bullish
pluang ai news

Sol Strategies Inc. (STKE) shares rose 12.6% following its $18 million acquisition of HoudiniSwap, a platform specializing in cross-chain swap aggregation. The deal, paid via cash, equity, promissory note, and earnouts, adds $13 million in revenue and expands Sol Strategies' infrastructure beyond staking within the Solana ecosystem. HoudiniSwap's technology supports over $2.5 billion in transaction volume across 100+ blockchains, enhancing Sol Strategies' ability to offer advanced cross-chain liquidity solutions and attract institutional users. This acquisition complements prior technology investments and strengthens the company's position in digital asset infrastructure and transaction services.

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