
SOL Strategies, a Nasdaq-listed Solana treasury firm, is acquiring HoudiniSwap, a privacy-focused cross-chain aggregator, for $18 million in cash, notes, and stock. HoudiniSwap specializes in private cross-chain swaps using Monero to obscure transaction trails, generating about $13 million in revenue last year. This acquisition strengthens SOL Strategies' Solana infrastructure and adds privacy-preserving routing capabilities, filling a strategic gap as the company builds an institutional Solana treasury and routing stack. The deal aligns with SOL Strategies' goal to expand its Solana validator and treasury platform for institutional clients.