Solana Infrastructure Expands with $18M Acquisition

SOL Strategies, a leading provider of Solana infrastructure solutions, has announced the acquisition of HoudiniSwap, a cross-chain swap aggregator, in an $18 million deal.

The acquisition is a significant expansion of SOL Strategies' efforts to build Solana into a robust foundation for institutional finance. By adding HoudiniSwap's transaction routing business, SOL Strategies gains access to a key component of its broader strategy to provide cross-chain liquidity and infrastructure services.

HoudiniSwap has established itself as a major player in the decentralized exchange space, with over $2.5 billion in cumulative transaction volume processed across more than 100 blockchain networks. Its platform integrates with over 18 decentralized exchanges and several self-custodial wallet providers.

The acquisition includes an earnout of up to $10 million based on a two-year performance hurdle, demonstrating SOL Strategies' commitment to the long-term success of its acquired assets.