Cross-chain infrastructure platform Squid has secured $6 million in strategic investment. This round was led by North Island Ventures, with participation from Ripple, Dialectic, Borderless, and others. This brings Squid's total cumulative investment to $13.5 million. Launched in 2023, Squid is a platform that supports asset movement between over 100 blockchains, including Bitcoin, Ethereum, and Solana, and has processed over $6 billion in transaction volume to date. With the newly secured funds, Squid plans to accelerate the development and launch of new consumer-facing products that help with the access and management of crypto assets.
