SOL Strategies released its Q3 2026 fiscal results. Houdini Swap, a cross-chain trading platform acquired on June 1, 2026 for $18 million USD, generated approximately $1.1 million CAD in revenue and $740,000 CAD in EBITDA during its first full month under new ownership, representing a 63% EBITDA margin. The $1.1 million CAD in revenue came from approximately $92 million CAD in trading volume across 34,427 orders during June 2026. Prior to the acquisition, the platform had accumulated cumulative trading volume exceeding $2.5 to $2.7 billion and generated roughly $13 million USD in revenue during 2025. Staking and validation revenue for fiscal Q2 2026 came in at 9,171 SOL, representing a 6% decline quarter over quarter, while SOL Strategies holds approximately 524,000 SOL on its balance sheet.
Source: Read the original article
