Squid Raises $6M to Expand Consumer Product Offering on Cross-Chain Infrastructure

Squid Raises $6M to Expand Consumer Product Offering on Cross-Chain Infrastructure

/PRNewswire/ -- Squid, a cross-chain platform connecting networks, liquidity sources, and applications to power the movement of digital assets across crypto,...

CoinStats - Cross-Chain Provider Squid Secures $6M in See...

BitcoinWorld Cross-Chain Provider Squid Secures $6M in Seed Funding from Ripple and North Island Ventures Squid, a cross-chain infrastructure provider, has announced the close of a $6 million seed funding round. The investment was led by North Island Ventures, with notable participation from Ripple and Borderless Capital, signaling growing institutional interest in blockchain interoperability solutions. Strategic Backing for Interoperability The…

Squid Raises $6M as Ripple and North Island Ventures Back Cross-Chain Push

Squid just pulled in $6 million. The funding round was led by Ripple and North Island Ventures, two names that… Read the original on Squid Raises $6M as Ripple and North Island Ventures Back Cross-Chain Push. For more crypto news and analysis, visit TheCurrencyAnalytics.com.

Ripple backs Squid's $6M cross-chain round

Ripple joined a $6M funding round for cross-chain infrastructure platform Squid. Cross-chain platform Squid raised $6 million in strategic funding to build new consumer-facing products that simplify how users move assets across blockchains. North Island Ventures led the round, with…

跨链平台 Squid 完成 600 万美元战略融资，Ripple 等参投

ChainCatcher 消息，跨链基础设施平台 Squid 完成 600 万美元战略融资，由 North Island Ventures 领投，Ripple、Dialectic、Borderless 等参投。据悉，Squid 最初孵化于 Axelar 生态，后发展为独立平台。自 2023 年上线以来，Squid 称其已处理超过 60 亿美元跨链交易量，覆盖 100 多条区块链，累计交易笔数超 400 万，用户数超过 100 万。本轮融资后，Squid 累计融资额达到 1350 万美元。公司计划利用新资金推出面向消费者的新产品，进一步简化用户访问、管理和跨链使用加密资产的流程。

Ripple backs Squid’s $6M round to expand cross-chain consumer platform

Ripple backs Squids $6M round as the cross chain platform expands consumer products after routing over $6B in volume. The post Ripple backs Squid’s $6M round to expand cross-chain consumer platform appeared first on Crypto Briefing.