Squid Raises $4M to Accelerate Development of Secure Cross-Chain Router for Interoperability Between Blockchains and dApps
Swiss-based company Squid has raised $4 million in funding, led by Polychain Capital and with participation from several other investors. The funds will be used to accelerate development and expand support for chains in the EVM and Cosmos ecosystems, as well as build deeper integrations with decentralized applications. Squid is a secure cross-chain router on Axelar Network that enables interoperability between blockchains and applications, and has facilitated over 500,000 cross-chain token swaps, LP deposits, and NFT purchases in its first year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Navigating Crypto Volatility: How Bitcoin and Altcoins Influence Your Trading Choices
Understanding the Impact of Market Volatility on Crypto Trading: A Look at the Risk and Reward in Bitcoin and Altcoins

Bitcoin Plunge Signals Opportunity to Buy as USDT Flow Peaks in Six Months
Analyzing Stablecoin Spikes amid Bitcoin's Decline: A Sign of Impending Rally or a Word of Caution?

Keeping Faith in Bitcoin: Unraveling the 2017 Cycle and the Power of HODLing Strategy
Identifying Parallels Between BTC's Current Trends and Its Performance Four Years Prior - Should Investors Hold Firm or Alter Approaches?

Fantom’s Solid Pattern of Higher Lows: What’s Next for FTM Price?

Trending news
MoreCrypto prices
More








