SOL Strategies Expands Blockchain Expertise with Darklake Labs Acquisition

SOL Strategies, a Canadian investment firm focused on the Solana ecosystem, has announced an agreement to acquire Darklake Labs, a Solana-native startup. The acquisition aims to expand SOL Strategies' blockchain expertise and research capabilities.

Darklake has developed a zero-knowledge proof system called Zyga for the Solana blockchain, which enables private transactions and eliminates issues such as front-running and sandwich attacks. The startup has gained attention in the DeFi community and has established academic partnerships with two universities in Brazil.

The core team from Darklake will join SOL Strategies after the deal is finalized. Vitor Py Braga, the CEO and technical founder of Darklake, brings significant infrastructure engineering experience from his time at Meta and IBM. Amber Hales, co-founder and COO, has nearly a decade of compliance expertise from her roles at Coinbase and Coincover.