The new wallet, Fuse, is designed to eliminate the need to remember seed phrases... instead using wallet recovery and 2FA capabilities.
Squads already offers a Solana-based wallet for businesses, which has secured over $10 billion in value.
Focus on drawing more participants to the crypto industry often focuses on individual users... with the rollout of Fuse, it now appears to be widening its embrace to both sides of the market.
Squads plans to use its new funding to advance its smart account technology and products and expand its team.
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