SOL Strategies acquires Darklake Labs for $1.2 million in transaction value

SmartContractAuditor · 2026-04-07T14:51:08+00:00

Solana Treasury Company SOL Strategies announces the acquisition of zero-knowledge technology company Darklake Labs for approximately $1.2 million, with about $1 million paid in common stock. After the acquisition, the Darklake founding team will join SOL Strategies to promote the development of privacy technology within the Solana ecosystem. Darklake's Zyga system, developed by the company, enables private transactions and prevents attacks. It has won awards at hackathons and has filed for patents.

SmartContractAuditor

2026-04-07 14:51:08

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Odaily Planet Daily News: Solana Treasury Company SOL Strategies officially announced that it has reached a final acquisition agreement with Darklake Labs, a Solana-native zero-knowledge technology company. The total transaction value is approximately $1.2 million, of which about $1.0 million will be paid in the company’s common stock. After the acquisition transaction is completed, the Darklake founding team will join SOL Strategies, including former Meta/IBM engineer Vitor Py Braga, former Coinbase compliance executive Amber Hales, and ZK research lead Tiago Alves, to advance the development of privacy technologies in the Solana ecosystem.

It is reported that Darklake has developed a suite of dynamic zero-knowledge proof systems for the Solana chain called Zyga, which enables private transaction execution and prevents front-running transactions and sandwich attacks. The team won second place in the DeFi track of Solana Radar’s global hackathon, joined the Colosseum accelerator, and maintains academic collaborations with two Brazilian universities. The team is currently applying for patents.

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