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      Squid's Logo

      Squid - Strategic

      Panorama Inversor Fundadores & Equipo Profil de l'entreprise / Introduction du projet

      Panorama

      Fecha

      January 31, 2024

      Monto de financiación

      $4M

      Valuación

      --

      Categoría

      DeFi

      Subcategoría

      APIs Bridge

      Acerca de Squid - Strategic

      Squid raised $4.00M in a financing round on Jan 31, 2024. The round was backed by Polychain Capital, Nomad Capital, North Island Ventures and others. In total, there were 13 investors that participated in the round.

      Inversor

      InversoresTipearUbicaciónAño de fundación#Empresas de portafolioDirección de correo electrónicoSociales
      FundUnited States of America2016144info@polychain.capital
      CorporateUnknown202216IR@nomadcapital.io
      FundUnited States of America--28--
      FundUnknown--10--
      Corporate--201818--
      FundUnknown20232--
      CorporateUnited States of America20229info@breedvc.com
      CorporateUnknown--1--
      UncategorizedUnknown--3--
      FundUnited States of America201746info@distributedglobal.com

      Fundadores & Equipo

      Christina Rud's Logo

      Christina Rud

      Profil de l'entreprise / Introduction du projet

      Squid is the cross-chain swap and liquidity routing protocol on Axelar Network. Squid utilises existing DEXs to swap and send any native token between chains. This can be done via SDK, Front End or Contracts directly. Swaps are composable with Axelar's generalised message passing, so Squid can enable one-click transactions between any application and any user, using any asset. Buy NFTs from any marketplace, use multi-chain DeFi, play a game on another chain, all without signing multiple transactions or downloading multiple wallets.

      How does Squid work?

      The Squid protocol plugs into existing liquidity on DEXs on supported chains to easily enable cross-chain swaps, a type of smart contract technology that allows for the exchange of tokens between two different blockchains. Squid offers an application programming interface (API) and software development kit (SDK) for developers and a customizable widget.

      Squid's mainnet launch supports 25 chains, including Ethereum, Moonbeam, Binance Chain, Arbitrum, Avalanche, Polygon and a number of Cosmos-based chains. DEXs that are integrating Squid include QuickSwap, Pangolin, SpookySwap, StellaSwap and Trisolaris.

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