SQUID has completed a strategic financing round of 4 million US dollars, led by POLYCHAIN CAPITAL.

Cross-chain infrastructure solution SQUID has completed a $4 million strategic round of financing, led by POLYCHAIN CAPITAL. This round of financing has also attracted participation from well-known investment institutions such as NOMAD CAPITAL, NORTH ISLAND VENTURES, MAELSTROM, CHORUS ONE, THE DEPARTMENT OF XYZ, BREED, BINARY BUILDERS, TYPHON VENTURES, DISTRIBUTED GLOBAL, FABRIC VENTURES, NODE CAPITAL, and CHAPTER ONE. The raised funds will be used to expand the team, support chains in the EVM and COSMOS ecosystems, as well as other chains. The team also plans to integrate with more interoperable networks and bring SQUID into blockchain ecosystems beyond Ethereum and COSMOS.