SOL Strategies Acquires Darklake Labs for $1.2M to Enhance Solana Privacy Technology

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SOL Strategies has acquired Darklake Labs for $1.2 million to accelerate ecosystem growth on Solana. Approximately $1 million will be paid in stock. The Darklake team, including former Meta/IBM engineer Vitor Py Braga and ex-Coinbase crypto compliance executive Amber Hales, will focus on privacy technology. Darklake’s Zyga system enables private transactions and prevents front-running. The team previously placed second in the Solana Radar hackathon and is currently pursuing patents.

Odaily Planet Daily reports: SOL Strategies, the treasury company of Solana, has officially announced a final acquisition agreement with Darklake Labs, a native zero-knowledge technology company on Solana, with a total transaction value of approximately $1.2 million, of which about $1 million will be paid in common shares of the company. Upon completion of the acquisition, the Darklake founding team—including former Meta/IBM engineer Vitor Py Braga, former Coinbase compliance executive Amber Hales, and ZK research lead Tiago Alves—will join SOL Strategies to advance privacy technology within the Solana ecosystem.

It is reported that Darklake has developed Zyga, a dynamic zero-knowledge proof system tailored for the Solana blockchain, enabling private transaction execution and preventing front-running and sandwich attacks. The team secured second place in the DeFi track of the Solana Radar global hackathon, joined the Colosseum accelerator, and maintains academic collaborations with two Brazilian universities, and is currently pursuing patent applications.

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