PANews May 4 news, according to TheBlock reports, Nasdaq-listed Solana ecosystem treasury company SOL Strategies announced that it has reached a final agreement to acquire the 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 obtain the best exchange routes between centralized exchanges, decentralized exchanges, and cross-chain bridges. The platform achieved 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 a software-driven revenue structure.

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