📰 Ripple Backs $6M Squid Raise to Push XRP Ledger Into More Than 100 Blockchains With $6B Routed Volume
🗓️ May 24 2026 09:55 UTC
Ripple has joined a $6M funding round for Squid, strengthening efforts to embed the XRP Ledger into a leading cross-chain router already live across at least 100 blockchains and processing over $6B in routed volume.
➤ Ripple has invested $6 million in Squid, a cross-chain router protocol, to integrate the XRP Ledger (XRPL) into a broader multi-chain ecosystem.
➤ Squid's technology aims to simplify cross-chain transactions by removing the need for manual bridging, allowing seamless value exchange across over 100 blockchains.
➤ This investment positions XRPL as a settlement and liquidity layer within an interconnected blockchain network, reflecting a trend towards infrastructure that unifies fragmented liquidity.
#ripple #xrpledger #squid #crosschain #interoperability #blockchain #liquidity #settlementlayer #rwa
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Ripple Backs $6M Squid Raise to Push XRP Ledger Into More Than 100 Blockchains With $6B Routed Volume
Ripple has joined a $6M funding round for Squid, strengthening efforts to embed the XRP Ledger into a leading cross-chain router already live acros...















