Squid Secures Strategic Funding from North Island VC, Ripple, and Industry Leaders

Squid has published a case study detailing their collaboration with MiniPay. The partnership focuses on the development of the **Buy Gold Mini App**, which leverages Squid's cross-chain infrastructure to enable seamless transactions. Key aspects of the collaboration: - Integration of Squid's SDK for cross-chain token swaps - Simplified user experience through one-click transactions - Enhanced accessibility for MiniPay users The case study provides technical insights into how the integration was implemented and the benefits it brings to users. [Read the full case study](https://www.squidrouter.com/blog/minipay-squid-case-study)

Squid has processed over 1 million transactions on Celo since launching last year. The milestone reflects growing adoption of the platform's integration with MiniPay, Celo's self-custodial wallet. **Key metrics:** - Hundreds of thousands of users have utilized the service - Primary use cases include purchasing digital gold, BTC, ETH, and CELO - Transactions occur through MiniPay's mobile interface The platform enables users to buy and sell digital gold alongside cryptocurrency assets through a mobile-first approach, targeting accessibility for borderless transactions.

Canton Network has integrated with Squid, enabling users to swap tokens across 100+ chains in a single transaction. **Key Features:** - Swap any token to and from Canton instantly using Squid Intents - Deep liquidity available from launch for $CC, USDCx, and other Canton assets - CEX-grade pricing for Canton-deployed tokens - Support for all Canton wallets with unified balance viewing - One-click cross-chain transactions without multiple wallet signatures The integration allows users to access Canton's institutional-grade infrastructure from any blockchain network through Squid's cross-chain swap technology.

**Real World Assets (RWAs) are experiencing growing support across the blockchain ecosystem.** Squid representatives @ecdsafu and @0xtna discussed the expanding interest in RWAs, emphasizing a vision where global assets become accessible to anyone with internet connectivity. **Key points:** - RWAs aim to bridge physical assets with blockchain technology - Growing infrastructure support enables cross-chain asset accessibility - The movement focuses on democratizing access to traditionally restricted asset classes The discussion highlights ongoing efforts to transform how physical assets are managed and traded through blockchain infrastructure, making previously inaccessible markets available to a broader audience.

**Squid has secured $6M in funding** led by North Island Ventures with support from strategic investors. The cross-chain protocol, which enables seamless token swaps and transfers across different blockchains, describes this as the beginning of their "most exciting chapter." **Key details:** - Funding round led by North Island Ventures - Strategic investors participated - Team promises more announcements ahead Squid's technology allows users to swap and send native tokens between chains through their SDK, front-end interface, or smart contracts. The platform integrates with existing DEXs and leverages Axelar's messaging capabilities for cross-chain transactions. The team has indicated additional news will follow this funding announcement.