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Mergers & AcquisitionsMediumUpdated×5•Originally published 4 May 2026•Updated 4 May 2026•

1 min read

SOL Strategies to Acquire Houdini Swap for $18 Million to Boost Solana Ecosystem

Key Facts

1SOL Strategies entered a definitive agreement to acquire Houdini Swap for $18 million, payable in a mix of cash and company shares.

2Houdini generated approximately $13 million in revenue in 2025, with over half of its trailing 12-month volume involving the Solana blockchain.

about 1 month ago

Version History

Version 5about 1 month ago

What changed: The story was updated to include the performance of the company's stock (STKE), which surged 12.62% to $1.4525 following the acquisition announcement.

Version 4about 1 month ago

What changed: The story was updated to include the acquisition's new focus on privacy-focused features within the Solana infrastructure.

Version 3about 1 month ago

What changed: The story was updated to include HoudiniSwap's cumulative trading volume, which has exceeded $2.5 billion.

Version 2about 1 month ago

What changed: The story was updated to specify the financial structure of the deal (cash, notes, and stock) and to clarify the strategic goal of building an institutional Solana treasury.

Version 1about 1 month ago

What changed: Added strategic context regarding market cycle resilience and the shift into transaction infrastructure.

SOL Strategies Inc. has announced a definitive agreement to acquire Houdini Swap, a cross-chain swap aggregator, for $18 million. Following the news, the company's stock (STKE) recorded strong gains of 12.62%, reaching a level of $1.4525 during Monday's trading session. The acquisition is structured through a combination of cash, notes, and stock, aiming to expand Solana infrastructure with a focus on privacy features. Houdini Swap has processed over $2.5 billion in cumulative volume and generated approximately $13 million in revenue in 2025, with over 50% of its activity involving the Solana blockchain. Through this move, SOL Strategies aims to build an institutional Solana treasury and diversify its revenue streams. Analysts view the integration of privacy tools and the positive market reaction as pivotal steps in driving the institutional adoption of the Solana economy.