According to TechFlow, Squads, a multi-signature agreement based on Solana, has completed a US$10 million Series A financing round, led by Electric Capital, with participation from Coinbase Ventures, Placeholder VC, RockawayX, L1 Digital, and Helius co-founder and CEO and Odyssey Ventures founder Mert Mumtaz.
It is reported that Squads is a multi-signature protocol based on Solana that helps enterprises manage on-chain assets such as funds, tokens, and management keys through multi-signature security. Squads plans to launch the Solana wallet Fuse in the main app store in early July.
