
M^0 project successfully closed a $35 million Series A round led by BainCapCrypto, with support from Galaxy, Wintermute, GSR, Caladan, and SCB10X. Squads, a Solana-based multisig protocol, raised $10 million in Series A funding led by Electric Capital. The funding will enhance M^0's digital money issuance network and Squads aims to facilitate businesses in managing digital assets.

Huge congrats to @SimkinStepan & the @SquadsProtocol protocol team -- one of the best examples there are of building through the bear market, capturing market share and solidifying a leading position in the space https://t.co/l3pQyeP6an
Congrats to the @SquadsLabs team! https://t.co/8xvkFJUygs
🚨 LATEST: Solana-based @SquadsLabs raises $10M in Series A, led by @ElectricCapital. https://t.co/7IeEiU3QAS