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Squads
Squads Multisig is a platform designed for securing and managing onchain assets on the Solana blockchain. It enables teams to easily deploy and configure multisignature wallets to manage treasuries, program upgrades, and other digital assets. The platform focuses on providing a user-friendly, secure, and transparent experience for both crypto-native and traditional businesses.
Distributed
Description
Squads provides products and APIs built on stablecoin rails that unlock the benefits of modern money. Their product suite includes Altitude, a modern USD account for global businesses; Fuse, a personal finance app to save, earn and spend with crypto; Grid, an infrastructure platform for building fintech on stablecoin rails; and Multisig, a platform for securing and managing Solana assets. Squads Labs is a financial technology company, not a bank or a digital asset custodian. Squads Multisig is a platform for securing and managing Solana assets. It allows teams to deploy and configure a multisig to manage onchain assets like treasuries, program upgrade authorities, admin keys, tokens, and validators. The platform aims to provide a SaaS-like, intuitive user experience for onchain asset management, targeting both traditional and crypto-native businesses. It focuses on solving user experience, security, and transparency issues. Security is based on the Squads Protocol, an autonomous finance layer on Solana, which enforces rules and workflows through code rather than centralized entities. Transparency is enhanced by providing stakeholders with visibility and approval capabilities for critical actions, making data accessible and human-readable. Squads Protocol is trusted by over 350 teams, secures more than $10 billion in assets, and has processed over $3 billion in stablecoin transfers.Grant Funding
VC Funding
None
2022
2023
2024
$0
$21M