According to Foresight News, Solana ecosystem multi-signature management tool Squads has completed a $5.7 million financing round, led by Placeholder, with participation from Multicoin Capital, Solana Ventures, Jump Crypto, Solana Labs co-founder Anatoly Yakovenko, Jito Labs CEO Lucas Bruder, Helius Labs CEO Mert Mumtaz and others. The funds raised will be used to enhance its products and launch a retail iOS product later this year.