Squid closes $4m strategic round led by Polychain Capital

Squid, a provider of cross-link routing services, announced the closing of a $4 million strategic round led by Polychain Capital with participation from Nomad Capital, North Island Ventures, Maelstrom, Chorus One, The Department of XYZ, Breed, Binary Builders and Typhon Ventures. Squid also received additional investments from Distributed Global, Fabric Ventures, Node Capital and Chapter One. Squid currently supports thousands of assets on more than 60 chains, and the funding will enable the team to continue to expand the EVM and Cosmos ecosystems and build deeper integrations with more decentralised applications (dApps).