Ripple, North Island Ventures back $6 million round for cross-chain platform Squid
Hex37's read
- Cross-chain platform Squid raises $6 million in new funding round.
- Ripple and North Island Ventures participated in the investment.
- Squid plans to launch a consumer-focused crypto asset management product.
What it means for traders
- Increased investment in cross-chain infrastructure suggests growing institutional focus on interoperability.
- Watch for potential volatility in XRP as Ripple expands its ecosystem influence through strategic investments.
Affected markets
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