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Squads Labs

Solana ecosystem multi-signature management tool Squads completes $5.7 million strategic financing, led by Placeholder VC

ChainCatcher news, according to The Block, Solana ecosystem multi-signature management tool Squads developer Squads Labs announced the completion of a $5.7 million strategic financing round, led by Placeholder VC, with participation from Multicoin Capital, Solana Ventures, Jump Crypto, Solana Labs co-founder Anatoly Yakovenko, Jito Labs CEO Lucas Bruder, and Helius Labs CEO Mert Mumtaz.Stepan Simkin, co-founder of Squads Labs, revealed to The Block that this is a financing round with token warrants, and he declined to comment on the valuation.Squads is a multi-signature protocol that helps cryptocurrency companies protect and manage their on-chain digital assets.
2023-10-17
Squads Labs
Solana
Placeholder VC
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