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TechFlow News, April 29: According to The Block, Squads—a multisig protocol in the Solana ecosystem—has announced the completion of an $18 million strategic funding round led by Solana Ventures, with participation from Coinbase Ventures, Haun Ventures, and L1D. This equity round brings Squads’ total funding to $42.9 million.
Squads will use the proceeds from this round to expand its stablecoin-based enterprise finance platform, Altitude.
According to The Block, Squads, a multi-signature protocol in the Solana ecosystem, has announced the completion of an $18 million strategic funding round led by Solana Ventures, with participation from Coinbase Ventures, Haun Ventures, L1D, and others. This round is an equity financing, bringing Squads’ total funding to $42.9 million. Squads will use the funds from this round to expand its stablecoin-based corporate finance platform, Altitude.
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