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      Squid's Logo

      Squid - Seed

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

      Panorama

      Fecha

      February 1, 2023

      Monto de financiación

      $3.5M

      Valuación

      --

      Categoría

      DeFi

      Subcategoría

      APIs Bridge

      Acerca de Squid - Seed

      Squid raised $3.50M in a financing round on Feb 01, 2023. The round was backed by North Island Ventures, Distributed Global, Fabric Ventures and others. In total, there were 6 investors that participated in the round.

      Inversor

      InversoresTipearUbicaciónAño de fundación#Empresas de portafolioDirección de correo electrónicoSociales
      Fund United States of America -- 31 --
      Fund United States of America 2017 46 [email protected]
      Fund United Kingdom 2017 60 [email protected]
      Corporate Unknown 2022 7 --
      Fund United States of America -- 24 --
      Corporate United States of America 2002 1 --

      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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