Solana ecosystem multisig protocol Squads has successfully completed an $18 million strategic funding round. The round was led by Solana Ventures and saw participation from notable investors including Coinbase Ventures, Haun Ventures, and L1D. This latest equity round increases Squads' total funding to $42.9 million. The company plans to utilize the new capital to enhance its stablecoin enterprise finance platform, Altitude, aiming to broaden its capabilities and reach within the financial sector.