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

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.