SOL Strategies acquires Solana ZK firm Darklake Labs for $1.2M

SOL Strategies, a strategic investor in Solana, announced it has acquired Darklake Labs, a Solana-based Zero-Knowledge (ZK) technology company, for $1.2 million. The payment consists of $200,000 in cash and $1 million in common stock. Darklake Labs is a startup that developed a dynamic ZK-proof system on Solana, featuring technology designed to enhance transaction privacy while preventing front-running and sandwich attacks.