BlockBeats News, May 4th, NASDAQ-listed Solana ecosystem treasury company SOL Strategies announced the acquisition of non-custodial, privacy-focused cross-chain aggregator HoudiniSwap for $18 million. The platform generated approximately $13 million in revenue last year, offering a competitive exchange path for cross-centralized and decentralized exchanges as well as blockchain bridging.
SOL Strategies stated that this acquisition will support its mission to "integrate Solana into institutional finance infrastructure." By expanding from validator operations and staking to transaction routing infrastructure, cross-chain liquidity, and software-based revenue, the company is building a broader platform to facilitate institutional capital movement and participation on-chain.
