Solana Ventures leads $18M funding round for Squads' stablecoin treasury platform
Squads, a financial infrastructure company building on Solana, announced a $18 million strategic funding round led by Solana Ventures. The round brings the company's total capital raised to $42.9 million and aims to accelerate its financial operating system, Altitude. The funding reflects growing interest in blockchain-based financial tools that leverage stablecoins to replace traditional banking systems.
Tickers: $SOL
Topics: blockchain financial_infrastructure funding Solana stablecoins