Global cross-chain infrastructure company Squid said on June 25 it completed a technical integration with digital asset cold wallet D'CENT and started the service.
The partnership is D'CENT's second project through the XRP Alliance. Ripple holders can now directly connect their assets to more than 100 blockchain ecosystems while maintaining cold wallet security.
Squid is joining the XRP Alliance as D'CENT's second partner. Squid is a cross-chain solution that connects more than 100 different blockchains worldwide with more than 130 DEXs. It recently raised about $6 million in funding with participation from institutional investors including Ripple.
Through a recent partnership with Ripple, Squid joined as a global payments and interoperability infrastructure partner for the stablecoin RLUSD. It supported moving and swapping RLUSD freely across all deployed chains.