SOL Strategies' Houdini Swap Delivers $1.1 Million CAD Revenue with 63% EBITDA Margin in First Month Post-Acquisition

Houdini Swap's Financial Results in First Month Under SOL Strategies

SOL Strategies revealed preliminary, unaudited financial data from Houdini Swap’s first full month of operations post-acquisition on June 1, 2026. Houdini generated approximately $1.1 million CAD in revenue and about $740,000 CAD in EBITDA, indicating an EBITDA margin near 63%. SOL Strategies emphasized this margin as evidence of the efficiency inherent in Houdini’s transactional business model.

The revenue was derived from approximately $92 million CAD in total transaction volume, executed through 34,427 orders on the platform. SOL Strategies described Houdini as its "first purely transactional business line," highlighting the acquisition’s role in diversifying revenue streams to rely on user activity rather than SOL token price fluctuations. This strategic move broadens the company’s digital asset infrastructure revenue base.

Cross-Chain Swap Technology and Network Reach Expansion

Houdini Swap functions as a non-custodial, privacy-focused cross-chain swap aggregator that severs the on-chain link between senders and receivers. It routes transactions across over 120 blockchain networks and off-chain exchange partners without holding user funds, a key technical advantage in privacy-centric infrastructure. Since inception, Houdini has processed more than $2.8 billion in cumulative transaction volume.

The platform’s architecture empowers users to control shared information while accessing liquidity and tokens across blockchain ecosystems. This privacy-first approach differentiates Houdini from centralized exchanges and aligns it with the growing decentralized finance infrastructure segment prioritizing user privacy and asset control.

Strategic Partnerships and Growth in Application Integrations

SOL Strategies reported significant expansion of Houdini’s B2B partnerships during the initial months of ownership. In June 2026, Houdini integrated with Jumper, the flagship application built on LI.FI’s routing infrastructure. In July 2026, Houdini launched on pump.fun’s Terminal, a multichain trading platform, embedding private deposits and withdrawals into Terminal’s onboarding process.

These additions brought Houdini’s total application integrations to 39, reaching tens of millions of potential users. Existing integrations include Jupiter and Solflare. SOL Strategies highlighted that this B2B expansion with major industry players underscores strong product momentum and market adoption.

Executive Insights on Strategy and Value Capture

Michael Hubbard, CEO of SOL Strategies, commented on the strategic importance of the Houdini acquisition. He stated, "Capturing value amid market volatility is essential for sustained revenue regardless of asset price movements," underscoring the motivation to secure a transactional revenue stream independent of token price appreciation.

Hubbard also emphasized user demand for privacy and the ability to conceal net worth in transaction data while seamlessly accessing tokens across blockchains as central to Houdini’s value. He noted that the B2B growth strategy via partnerships with Jumper and Terminal illustrates deliberate efforts to demonstrate product velocity with key industry participants. SOL Strategies views Houdini as a foundational asset for stable, activity-based revenue complementing its staking infrastructure.

Aktiencheck AG Appointed for Investor Relations in Germany

Effective August 1, 2026, SOL Strategies appointed Aktiencheck AG as its Investor Relations Partner to enhance engagement in the German market. The initial three-month engagement, with an option to extend, carries a fee of 25,000 Euros. Aktiencheck, located at Bahnhofstrasse 6, 56470 Bad Marienberg, Germany, operates independently from SOL Strategies.

Aktiencheck will provide newsletter placements, email campaigns, German social media outreach, and advertising network placements, focusing on German-language investor relations activities. This partnership aims to expand SOL Strategies’ investor awareness in German-speaking regions.

Overview of SOL Strategies’ Business Operations

Headquartered in Toronto, Ontario, SOL Strategies Inc. is a digital asset infrastructure company specializing in high-performance blockchain and privacy technologies. Listed on the Canadian Securities Exchange as HODL and NASDAQ as STKE, the company’s operations include staking infrastructure and privacy solutions across public blockchain networks.

Clients range from individual SOL token holders to institutional investors seeking blockchain infrastructure exposure. The Houdini acquisition broadens SOL Strategies’ offerings from staking-focused services to encompassing privacy-oriented, multi-blockchain digital asset transaction management.

Disclaimer and Regulatory Information

The announcement clarifies that SOL Strategies operates independently within the Solana ecosystem with no affiliation, ownership, or control relationship with the Solana Foundation. The Foundation has no partnership, joint venture, employment, or agency ties with SOL Strategies and disclaims any liability related to SOL Strategies’ statements.

The Canadian Securities Exchange and its Market Regulator disclaim responsibility for the adequacy or accuracy of this release. SOL Strategies’ disclosure documents are accessible on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov.

Forward-Looking Statements and Risk Factors

The release contains forward-looking information as defined by securities laws, including expectations about Aktiencheck’s engagement success, user acquisition in Germany and globally, revenue sources, and Houdini’s privacy feature implementation. There is no guarantee these plans will materialize.

Such information is based on assumptions deemed reasonable at the time but is subject to risks and uncertainties that may cause actual outcomes to differ materially. SOL Strategies disclaims any obligation to update forward-looking statements except as required by law and cautions investors against undue reliance on such statements.

Preliminary Financial Data and Accounting Notes

SOL Strategies emphasized that the financial figures are preliminary and unaudited, with partner-reported data varying in definitions and potential overlaps. Investors should interpret these as initial operational metrics rather than audited financial statements.

This preliminary status reflects Houdini’s early integration into SOL Strategies’ financial systems and ongoing consolidation of data across multiple business lines and partners.