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SOL Strategies to Acquire Darklake Labs in $1.2 Million Deal

The purchase signals a pivot toward in‑house privacy tech to court institutions on Solana.

Overview

  • SOL Strategies, which announced the agreement Tuesday, will buy Darklake Labs’ assets for $1.2 million paid mostly in stock.
  • The terms include $200,000 in cash and $1,000,000 in common shares priced off a five‑day average, with the stock locked up for four months.
  • Darklake’s Zyga system uses zero‑knowledge proofs on Solana’s execution path to hide order details while letting validators verify correctness, a design meant to block front‑running and sandwich attacks.
  • Darklake’s leaders are set to join SOL Strategies, including technical founder Vitor Py Braga, co‑founder Amber Hales, and zero‑knowledge research head Tiago Alves.
  • The company frames the move as a shift from capital and infrastructure into owned execution tech, with Darklake bringing hackathon honors, an accelerator berth, and university research ties.