Alisa Davidson
Printed: April 08, 2026 at 4:19 am Up to date: April 08, 2026 at 4:19 am
Edited and fact-checked:
April 08, 2026 at 4:19 am
In Temporary
SOL Methods declares the acquisition of Darklake Labs for $1.2 million, with fee in money and customary shares, to reinforce its give attention to zero-knowledge expertise throughout the Solana ecosystem.
SOL Methods, a Canadian funding agency centered on the Solana ecosystem, has introduced an settlement to amass Darklake Labs, a Solana-native startup specializing in zero-knowledge expertise, for $1.2 million. The deal will probably be primarily settled in widespread shares, with $200,000 in money and the rest in shares of SOL Methods.
Darklake, which has developed a zero-knowledge proof system known as Zyga for the Solana blockchain, permits personal transactions and eliminates points similar to front-running and sandwich assaults. The startup has gained consideration within the DeFi group, putting second within the DeFi observe of the Solana Radar International Hackathon. It was additionally accepted into the Colosseum Accelerator and has established educational partnerships with two universities in Brazil. Darklake is at the moment within the strategy of submitting a patent for its expertise.
Following the acquisition, the core workforce from Darklake will be part of SOL Methods. Vitor Py Braga, the CEO and technical founding father of Darklake, brings important infrastructure engineering expertise from his time at Meta and IBM. Amber Hales, co-founder and COO, has practically a decade of compliance experience from her roles at Coinbase and Coincover. Tiago Alves, Darklake’s Head of ZK Analysis and an instructional professor, will lead the corporate’s expanded analysis and improvement efforts.
SOL Methods Acquires Darklake Labs For $1.2M, Deal Contains Widespread Shares And 4-Month Lock-Up
The acquisition is topic to customary closing situations, and the widespread shares issued as a part of the fee will probably be topic to a statutory four-month lock-up interval. The acquisition value of $1.2 million displays each the progressive nature of Darklake’s expertise and the strategic worth it brings to SOL Methods, which is concentrated on supporting the expansion of the Solana ecosystem.
SOL Methods, listed on the Canadian Securities Change below the ticker HODL and NASDAQ as STKE, is devoted to investing in blockchain improvements and offering infrastructure options to drive the subsequent era of decentralized functions on the Solana blockchain.
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About The Writer
Alisa, a devoted journalist on the MPost, focuses on cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a eager eye for rising traits and applied sciences, she delivers complete protection to tell and interact readers within the ever-evolving panorama of digital finance.
Extra articles
Alisa, a devoted journalist on the MPost, focuses on cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a eager eye for rising traits and applied sciences, she delivers complete protection to tell and interact readers within the ever-evolving panorama of digital finance.
Extra articles
