TechFlow reports that Squads, a multi-signature protocol built on Solana, has raised $10 million in a Series A funding round led by Electric Capital, with participation from Coinbase Ventures, Placeholder VC, RockawayX, L1 Digital, and Mert Mumtaz, co-founder, CEO of Helius and founder of Odyssey Ventures.
Squads is a Solana-based multisig protocol enabling businesses to manage their on-chain assets—such as funds, tokens, and administrative keys—with multisig security. Squads plans to launch its Solana wallet, Fuse, on the main app stores in early July.




