HoudiniSwap Acquired by SOL Strategies | Technology M&A Deal

SOL Strategies has completed the acquisition of HoudiniSwap, a enterprise software business in Ontario, for $18 million. SOL Strategies acquires HoudiniSwap to expand privacy-focused, non-custodial cross-chain swap aggregation and routing infrastructure for digital asset users. HoudiniSwap processes swaps across centralized exchanges, decentralized exchanges, and blockchain bridges without taking custody, with revenue generation tied to Solana activity and integrations with self-custodial wallet providers. This add on acquisition is part of SOL Strategies acquisitions strategy as a public company, adding a fifth revenue stream and cross-chain distribution across more than 100 blockchain networks. The technology M&A deal is structured as cash and shares, with expected closing following the definitive agreement.