Squid, a cross-chain swap and liquidity routing protocol on Axelar Network, has raised $4 million in a strategic fundraising round

Squid, an Axelar Network cross-chain swap and liquidity routing protocol, raised $4 million in a strategic funding round led by Polychain Capital. Other investors included Nomad Capital, North Island Ventures (NIV), Maelstrom, Chorus One, Department of XYZ, Breed VC, Binary Builders, Typhon Ventures, Distributed Global, Fabric Ventures, Node Capital, Chapter One, and Nazare Ventures.