Squads introduces Altitude for businesses amid new investments

On May 14, 2025, Squads announced the launch of Altitude, a new platform designed for businesses to manage USD accounts without relying on traditional banks. This system incorporates multisig technology to enhance digital asset security on Solana, promoting more independent financial practices.

The investment from Haun Ventures signifies strong confidence in Squads’ direction and the potential of decentralized finance. With Solana’s market activity showing a current trading price of 176.95 USD, the success of Altitude may influence future trends in blockchain financial operations.

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