Squads Labs, the developer of Solana-based multisig protocol Squads, has raised $5.7 million in a strategic funding round led by Placeholder VC, with participation from Multicoin Capital, Solana Ventures, Jump Crypto, and others. The round brings the firm's total funding to $12.5 million. Squads is a multisig protocol that helps crypto firms secure and manage their digital assets on-chain, and it has helped secure over $500 million in assets for over 100 clients since launching in 2021. With fresh funding, Squads plans to enhance its offering and launch its retail-facing iOS product later this year.
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Squads Labs raises $5.7M for Solana-based multisig protocol and plans to launch iOS product
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OpenTrade announces $4 million seed extension round led by AlbionVC
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Crypto wallet Deblock completes approximately $16.8 million in seed round financing
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Stablecoin infrastructure platform Noble receives $15 million in Series A funding led by Paradigm
stablecoin infrastructure platform Noble has completed a Series A financing round led by Paradigm, raising $15 million. Noble has partnered with stablecoin issuers such as Circle, Ondo Finance, Hashnote Labs, and Monerium, and currently manages assets worth more than $458 million. -
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Why is Solana's Dogwifhat (WIF) memecoin crashing?
WIF price risks declining by another 48% due to the formation of a classic bearish reversal setup.
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