TechFlow reports that cross-chain transaction and liquidity routing protocol Squid has announced the completion of a $4 million strategic funding round led by Polychain Capital, with participation from Nomad Capital, North Island Ventures, Maelstrom, Chorus One, XYZ, Breed, Binary Builders, and Typhon Ventures. The funds will be used to accelerate development for more complex transaction sequence bundling and more efficient asset routing.
Meanwhile, the team is integrating with additional interoperability networks and plans to bring Squid to more blockchain ecosystems beyond Ethereum and Cosmos.
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