Squid is a developer of a cross-chain swap and liquidity routing protocol. The platform utilizes existing decentralized exchanges to swap and send any native token between chains via SDK, front end, or contracts directly. It allows users to buy NFTs from any marketplace, use multi-chain DeFi, and play games on other chains without signing multiple transactions or downloading multiple wallets. Squid enables seamless cross-chain interoperability for decentralized finance applications, reducing friction in multi-chain interactions. Founded in 2023 and headquartered in Switzerland, Squid has raised approximately 13.5 million at the Series B stage with investors including North Island Ventures, Distributedglobal, Fabric Ventures, Axelar, Polychain, Ripple, Borderless Capital, and Chorus One.
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Squid
Series BSquid is a developer of a cross-chain swap and liquidity routing protocol. The platform utilizes existing decentralized exchanges to swap and send any native token between chains via SDK, front end, or contracts directly. It allows users to buy NFTs from any marketplace, use multi-chain DeFi, and play games on other chains without signing multiple transactions or downloading multiple wallets. Squid enables seamless…
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Business model
Blockchain Infrastructure > Middleware > Cross Chain > DeFi
Institutional investors
North Island VenturesDistributedglobalFabric VenturesAxelarGalileo VenturesChapter OneNode CapitalPolychainNomad CapitalMaelstromChorus OneThe Department of XYZBreedBinaryTyphon Ventures
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