Solana's ecological multi-signature management tool Squads has natively integrated Magic Eden into Squads, allowing teams, DAOs, and friends to jointly own and purchase NFTs directly from their multi-signatures. In August, Squads launched the Squads V3 version. The core functions include basic multi-signature functions, program management for upgrading Solana programs, and a transaction builder for launching custom transactions with arbitrary instructions. Features such as money management will be rolled out later. In February 2022, Squads announced the completion of a $5 million strategic financing, led by Multicoin Capital, with participation from Jump Capital, Delphi Digital, Collab + Currency, SeedClub Ventures, and Volt Capital.