Squads announces the completion of a $18 million strategic financing round led by Solana Ventures, with participation from Coinbase Ventures, Haun Ventures, L1D, Electric Capital, Placeholder, Jump Crypto, Robot Ventures, and others, bringing the total funding to $42.9 million. This round of funding will be used to accelerate its financial operating system, Altitude, based on stablecoin infrastructure. Since its public launch in December 2025, Altitude has processed over $200 million in payments for exporters, global agencies, crypto-native companies, and cross-border remote teams. (Crowdfundinsider)

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