Squads has successfully raised $18 million in a strategic funding round led by Solana Ventures, with participation from Coinbase Ventures, Haun Ventures, L1D, Electric Capital, Placeholder, Jump Crypto, and Robot Ventures. This latest round brings Squads' total funding to $42.9 million. The funds will be used to accelerate the development of Altitude, its financial operating system based on stablecoin infrastructure. Since its launch in December 2025, Altitude has processed over $200 million in payments for exporters, global agencies, crypto-native companies, and cross-border remote teams.