The post Ripple backs Squid’s $6M cross-chain round appeared on BitcoinEthereumNews.com.
Ripple joined a $6M funding round for cross-chain infrastructure platform Squid. Summary North Island Ventures led the $6M strategic round, with Ripple, Dialectic, and Borderless also participating. Squid has routed over $6 billion in volume through more than 4 million transactions since its January 2023 launch. The new funding brings Squid’s total raised to $13.5 million and will fund consumer-facing product expansion. Cross-chain platform Squid raised $6 million in strategic funding to build new consumer-facing products that simplify how users move assets across blockchains. North Island Ventures led the round, with Ripple, Dialectic, Borderless, Scenius Capital, Altos, and Arche Capital also participating. Angel investors including Axelar co-founder Georgios Vlachos, Enso Finance founder Connor Howe, and Constructive founder Dan Lynch joined as well. Squid’s pseudonymous co-founder Fig declined
The post Another Crypto Company Has Filed For IPO, But It’s Not Ripple appeared on BitcoinEthereumNews.com.
Another Crypto Company Has Filed For IPO, But It’s Not Ripple | Bitcoinist.com
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Crypto exchange Blockchain.com has confidentially filed for a U.S. IPO, becoming the latest crypto company to seek a public listing. Meanwhile, Ripple remains on the sidelines and has not indicated plans to go public anytime soon. Crypto Exchange Files For IPO As Ripple Remains On The Sidelines According to a Reuters report, Blockchain.com has confidentially […]
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Anthropic's massive funding round highlights the escalating investor confidence in AI, potentially reshaping tech investment strategies globally.
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Squid's funding boost and strategic partnerships could enhance cross-chain interoperability, but security risks remain a critical concern.
The post Ripple, North Island Ventures back $6M funding round for cross-chain router Squid appeared first on Crypto Briefing.
Ripple joined a $6M funding round for cross-chain infrastructure platform Squid. Cross-chain platform Squid raised $6 million in strategic funding to build new consumer-facing products that simplify how users move assets across blockchains. North Island Ventures led the round, with…
Ripple backs Squids $6M round as the cross chain platform expands consumer products after routing over $6B in volume.
The post Ripple backs Squid’s $6M round to expand cross-chain consumer platform appeared first on Crypto Briefing.
