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Squads Secures $18 Million Strategic Financing Led by Solana Ventures
Squads, a multi-signature protocol in the Solana ecosystem, has announced the completion of $18 million in strategic financing, led by Solana Ventures, with participation from Coinbase Ventures, Haun Ventures, L1D, and others, bringing the total funding to $42.9 million. This round of financing was completed in December of last year and was only recently made public. Squads’ stablecoin payment platform, Altitude, allows businesses to conduct 24/7 global payment settlements in stablecoins through self-custody wallets, integrating into the global payment network with compliance and risk control systems.