Squads

Solana's quantum readiness plan is taking shape, with two core developer teams converging on a lattice-based signature scheme called Falcon. The Solana Foundation has outlined a phased roadmap for migration to post-quantum cryptography. Squads has released open-source multisig tools and OKX has launched the Agent Payments Protocol.

The article highlights recent developments in the Solana ecosystem, including partnerships with Shinhan Card for stablecoin technology, Coinbase's new stablecoin credit fund, AllUnity's expansion to Solana, and Chiliz's move to Solana for fan token trading. It also mentions funding rounds, tokenization projects, and industry discussions on quantum threats and prediction markets.

Altitude, a financial operating system built by Squads on Solana, raised $18 million in a funding round led by Solana Ventures, bringing total funding to $42.9 million. The funds will expand team growth, payment networks, and product development, with Altitude already processing $200 million in volume across 50 countries using stablecoin-powered solutions.

Squads, a company known for its Solana-based multisig protocol, has secured $18 million in funding led by Solana Ventures to expand its stablecoin platform Altitude. The investment aims to scale the platform's capabilities and enhance its role in the Solana ecosystem.

Squads launched three open-source tools for Solana Multisig Protocol v4: multisig-cli, multisig-verifier, and multisig-monitor. These tools enhance security, enable independent verification, and reduce supply-chain risks through collaboration with STRIDE.

Spotify is collaborating with Carlos Noriega from Squads to develop secure cryptographic protocols. The partnership aims to enhance security in digital interactions through advanced cryptographic solutions.