PANews reported on May 4th that, according to The Block, Nasdaq-listed Solana ecosystem treasury company SOL Strategies announced it has reached a definitive agreement to acquire cross-chain privacy exchange aggregation platform HoudiniSwap for $18 million.

HoudiniSwap is a non-custodial, privacy-oriented cross-chain trading aggregator that allows users to find the optimal exchange path between centralized exchanges, decentralized exchanges, and cross-chain bridges. The platform generated approximately $13 million in revenue last year. SOL Strategies stated that this acquisition will support its long-term strategy of "embedding Solana into institutional financial infrastructure" and expand from a single validator node and staking business to transaction routing, cross-chain liquidity, and software-defined revenue structures.