Solana Ventures Leads $18 Million Squads Funding Round
Squads, the company behind the stablecoin platform Altitude, has raised $18 million in a funding round led by Solana Ventures. The money is aimed at helping scale Altitude.
Altitude said the financing deepens a partnership with Solana Ventures that dates back to Squads' launch in 2021. Other backers include Coinbase Ventures, Haun Ventures, L1D, Collab+Currency, Electric Capital, Placeholder, Jump and Robot Ventures.
From the sources (2 posts)
@theblockcoEXCLUSIVE: Solana Ventures leads $18 million round in Squads to scale its stablecoin platform Altitude
@altitudeThe round was led by @SolanaVentures, deepening our partnership that goes back to when we launched Squads in 2021, with support from @cbventures, @HaunVentures, @L1D_xyz, @Collab_Currency, @ElectricCapital, @placeholdervc, @jump_, and @rob