Squads Secures $18M Funding to Develop Business Finance Platform on Stablecoin Infrastructure
Squads has raised $18 million in a strategic funding round led by Solana Ventures, with participation from several prominent venture firms, bringing total funding to $42.9 million. The funds will be used to accelerate the development of Altitude, a financial operating system built on stablecoin infrastructure. The company highlights the growing importance of stablecoins in transforming business finance by enabling instant, low-cost, and global payments.
Topics: blockchain financial infrastructure funding stablecoins startups