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Squads Completes $18 Million Strategic Funding Round Led by Solana Ventures
Svmuu, Solana ecosystem multi-signature protocol Squads announced the completion of an $18 million strategic funding round, led by Solana Ventures, with participation from Coinbase Ventures, Haun Ventures, L1D, and others. To date, its total cumulative funding has reached $42.9 million. It is reported that Squads' stablecoin payment platform, Altitude, allows enterprises to conduct 24/7 global payment settlements in stablecoins through self-custodial wallets, and connects to the global payment network via its compliance and risk control system. (The Block)
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