Squid Router

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.

**Squid has announced strategic funding** to support its continued growth as a cross-chain routing solution. **Key highlights:** - The funding will enable expansion to new chains and development of additional features - Squid's growth reflects the increasing complexity of navigating the multi-chain crypto ecosystem - The platform focuses on user experience, allowing seamless token swaps and transfers across different blockchains - Team hints at new products in development beyond current routing capabilities Squid's cross-chain infrastructure enables users to interact with applications across different chains without multiple transactions or wallets. The strategic investment positions the protocol to scale alongside the broader crypto ecosystem's expansion. [Read the full announcement](https://www.squidrouter.com/blog/squid-strategic-funding)

**Cross-chain infrastructure protocol Squid has closed a strategic funding round** led by North Island VC, with participation from notable investors including: - **Major VCs**: Ripple, Dialectic Group, Borderless Capital, and Scenius Capital - **Strategic angels**: Representatives from Axelar, Ledger, Polymer Labs, Enso, and Peanut The funding builds on Squid's previous backing from prominent investors like a16z, Coinbase Ventures, Variant, Pantera, and Brevan Howard. **What Squid does**: The protocol enables seamless token swaps and transfers across different blockchains using existing DEXs. Users can execute cross-chain transactions—from buying NFTs to accessing DeFi protocols—without multiple wallet signatures or complex processes. The strategic nature of this round, featuring both infrastructure providers and application-layer projects, signals growing institutional interest in cross-chain interoperability solutions.

Squid launched **CORAL** (Cross-chain Order Routing and Auction Layer), an intent-based system that streamlines cross-chain transactions. **How it works:** - Users specify what they want - Squid handles execution automatically - Combines onchain liquidity sources with offchain market maker inventory through Request-For-Quote auctions **Key benefits:** - Reduces transaction steps from multiple to just 2 - 90% lower gas fees - Zero slippage - Faster execution times Currently live on Ethereum, Base, Arbitrum, BNB Chain, and Linea, with Avalanche and Optimism support coming soon. The system supports ETH, USDC, and USDT swaps, even for amounts as small as $5. [Try CORAL](http://app.squidrouter.com)

**Squid has launched its Model Context Protocol (MCP)**, enabling AI agents to execute cross-chain token swaps using natural language commands. **Key capabilities:** - AI agents can now buy, bridge, and trade across 100+ chains - Natural language interface eliminates technical barriers - Seamless cross-chain token swaps without manual transaction signing **Technical integration:** Developers can access full documentation at [Squid's MCP docs](https://docs.squidrouter.com/~/revisions/kgsL0tU1YCtaLv0nvJRr/api-and-sdk-integration/mcp) to integrate the protocol into their AI agents. The MCP builds on Squid's existing infrastructure that connects DEXs across multiple chains, now making these capabilities accessible through conversational AI interfaces.

Squid has been added as an official validator on the XRP Ledger (XRPL), marking a significant step in their involvement with the ecosystem. **Key Points:** - Squid brings cross-chain building experience to their new validator role - The team is already building on XRPL, which will inform their validation decisions - This follows the launch of the XRPL EVM Sidechain in July 2025 Squid's validator status strengthens their position in the XRPL ecosystem, where they already facilitate cross-chain swaps between XRPL, XRPL EVM, and 80+ other chains.