The cross-chain trading and liquidity routing protocol SQUID has completed a strategic financing round of $4 million, led by POLYCHAIN CAPITAL, with participation from NOMAD CAPITAL, NORTH ISLAND VENTURES, MAELSTROM, CHORUS ONE, XYZ, BREED, BINARY BUILDERS, and TYPHON VENTURES, among other institutions. This funding will be used to accelerate the development of SQUID, with the goal of achieving more complex transaction sequencing and more efficient asset routing. Additionally, the SQUID team plans to integrate with more interoperable networks and expand its services beyond Ethereum and COSMOS to other blockchain ecosystems.

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<p>Shenzhen-based TechFlow has announced that its cross-chain trading and liquidity routing protocol, Squid, has completed a strategic financing round of $4 million. The round was 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 and achieve more complex transaction sequencing and more efficient asset routing.</p>
<p>At the same time, the team is integrating with more interoperable networks and plans to introduce Squid into blockchain ecosystems beyond Ethereum and Cosmos.</p>
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SQUID has completed a strategic financing of 4 million US dollars, led by POLYCHAIN CAPITAL.