Solana-Based Multisig Management Tool Squads Raises $5.7 Million in Funding Round Led by Placeholder

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This article has been republished with permission from Binance News.

According to Foresight News, Solana-based multisig management tool Squads has completed a $5.7 million funding round led by Placeholder. Other participants in the round included Multicoin Capital, Solana Ventures, Jump Crypto, Solana Labs co-founder Anatoly Yakovenko, Jito Labs CEO Lucas Bruder, and Helius Labs CEO Mert Mumtaz. The funds raised will be used to enhance the product and launch a retail-focused iOS product later this year.



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