Cross-chain router Squid completes US$4 million in strategic financing, led by Polychain Capital
Cross-chain router Squid announced it has received $4 million in strategic financing, led by Polychain Capital, with follow-on investments from Nomad Capital, North Island Ventures, Maelstrom and Chorus One, XYZ Department, Breed, Binary Builders, and Typhon Ventures, as well as additional investments from Distributed Global, Fabric Ventures, Node Capital, and Chapter One. Squid provides support for thousands of assets on more than 60 chains for users. This financing will allow the team to continue expanding support for the EVM and Cosmos ecosystems and other areas. In addition, the team will establish deeper integrations with more decentralized applications (dApps), enabling users to easily interact with these applications in multiple ways, including depositing DeFi positions, purchasing NFT collections, and in-game items.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Zcash Rockets Past Key Resistance Point, Ignites Market Interest
In Brief Zcash surpassed a key resistance level, capturing market attention. The price reached 45.80 dollars, the highest since January's end. Experts warn that relying solely on technical data isn't sufficient for analysis.

Institutional Investment Surges in Bitcoin, Ethereum ETFs

Lido’s Swift Action Averts Major Ethereum Staking Loss

Nakamoto Raises $710M, Merges with KindlyMD to Boost Bitcoin Holdings

Trending news
MoreCrypto prices
More








