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Polygon Raises $450 Million to Pursue Web3 Strategy

Sequoia Capital India has led a $450 million funding round for Polygon. Polygon is a platform for Ethereum scaling and infrastructure development. The company reports widespread adoption with 7,000+ applications hosted, 1B+ total transactions processed, approximately 130 million unique user addresses, and over $5 billion… Read More

Polygon Studios Adds YouTube Exec, Moves to Increase Product Decentralization

Polygon’s hopes for Polygon Studios got a major boost this week as they added a former YouTube executive to lead its efforts. Ryan Wyatt is leaving the video service after more than seven years to run Polygon Studios, where he will focus on growing its… Read More

Ethereum Scaling Platform Polygon Takes Up Metaverse Journey with Liberty Gaming Guild

The Metaverse and the GameFi world have grown tremendously, with nearly every blockchain  ecosystem in the crypto space getting more actively involved. Polygon (POLY) ecosystem’s capabilities of building and connecting different blockchains and dApps is being supported by the launch of Polygon Studios, which is… Read More

Mir, Polygon, Shake Hands on $400M ZK Deal

Polygon, Ethereum’s most used scaling platform, today announced a $400 million deal with zero-knowledge (ZK) startup Mir as part of the next step in scaling Ethereum and bringing millions of users to Web 3. With this acquisition, Polygon said it gains access to the world’s… Read More

21Shares Welcomes Seed Funding for Polygon ETP

Cryptocurrency exchange-traded products (ETP) issuer 21Shares this week announced the seed funding of the 21Shares Polygon ETP (Ticker: POLY) on the SIX Swiss Exchange by the Polygon Foundation. The 21Shares Polygon ETP (Ticker: POLY) tracks the investment results of Polygon, an Ethereum scaling platform. Hosting… Read More

Ethereum Scaling Solution Polygon Teams Up with DraftKings to Support NFTs, Secondary Markets

Polygon, an Ethereum-powered scaling platform on-boarding consumers to Web 3.0, has announced a blockchain collaboration with DraftKings Marketplace, a digital collectibles ecosystem built by DraftKings (Nasdaq: DKNG) for “mainstream accessibility to support custom NFT drops along with secondary-market transactions.” This deal offers DraftKings Marketplace with… Read More

EY Teams Up with Polygon to Work on Ethereum (ETH) Scaling and Enterprise Services

EY, an international consulting and tech firm, is working with Polygon on developing and implementing scaling and enterprise services for the Ethereum (ETH) ecosystem. As part of this collaboration, EY and Polygon will be working cooperatively on Polygon Nightfall, a public, privacy-oriented Rollup. EY will… Read More

Aragon Client Now Live on Polygon

Polygon, an Ethereum-based full-stack scaling solution bringing mass adoption to the Ethereum platform, announced Aragon Client, an Ethereum-based project focused on the creation and management of decentralized autonomous organizations (DAO), is now live on the Polygon PoS network. The growth of Web 3.0 communities has… Read More

Dharma Completes Polygon Integration

Dharma, an Ethereum wallet that directly connects with users’ banks, has completed its integration with the Polygon network. The integration will now enable users to purchase virtually any DeFi token directly from their US-based bank account without paying gas fees. Full Dharma wallet support for… Read More

Kine to Launch Cross-Chain Derivatives Trading Platform on Polygon

Polygon, an Ethereum-based full-stack scaling solution, today announced Kine Protocol, a decentralized protocol that establishes general-purpose liquidity pools backed by a customizable portfolio of digital assets, will launch its cross-chain derivatives trading platform on Polygon. Polygon’s high-speed and low-gas infrastructure makes Kine’s features – including… Read More

Polygon’s MATIC Token Now Listed on Okcoin

Cryptocurrency platform Okcoin and Polygon, an Ethereum scaling full-stack solution, this week announced the listing of Polygon’s native MATIC token on Okcoin as of Sept. 1. The listing is accompanied by an exclusive Polygon-minted NFT release from 10 members of The Most Famous Artist (TMFA)… Read More

Polygon to Create DeFi, Web3 DAO

Polygon, an Ethereum scaling full-stack solution bringing mass adoption to the Ethereum platform, today announced plans to create a decentralized autonomous organization (DAO) for DeFi and Web3. Polygon proposes the DAO to bootstrap DeFi growth and help onboard the next 100 million users to its… Read More

Wallfair, Polygon Launch MVP 1.1 Platform

Wallfair and Polygon have launched their MVP 1.1 platform, offering streamers another way to maximize value through content creation.  Phase one saw Wallfair host a live event by giving first round testers the ability to highlight issues and potential feature aspects of the platform. Information… Read More

Ethereum Layer 2 “Powerhouse” Established After Polygon and Hermez Public Network Merge

The teams at Polygon and Hermez Network have reportedly agreed on a “public network merge.” This development has come just a few weeks after discussions and has been possible because of the “great level” of harmony between both teams, which “share the common goal of… Read More

Wyre, Polygon to Offer USDC Token

Developers can now provide Polygon’s USDC token via the Polygon ecosystem thanks to the use of Wyre’s Checkout API. This integration provides one of the only fiat to USDC on-ramps for customers around the world and in 43 US states, with the conversion process taking less… Read More

Ethereum Scaling Solution Polygon Partners Community Gaming to Support Instant Payments in E-Sports

Polygon has partnered with Community Gaming in order to enable scalable E-sports tournaments. Built for grassroots tournament organizers, Community Gaming’s platform has been designed to  make it easier to develop custom e-sports tournaments within minutes with preconfigured payments. As noted in a release shared with… Read More

Balancer Joins Polygon Summer of Decentralized Finance with $10M in Joint Crypto Token Initiatives

Balancer has joined Polygon’s summer of DeFi with $10 million in joint token incentives. Balancer Protocol has introduced support on the Layer 2 solution Polygon in order to lower gas costs. Polygon (MATIC) has experienced steady user adoption in 2021 with major decentralized finance (DeFi)… Read More

Tokenization Platform Tokeny Solutions Partners with Polygon to Further Streamline Security Tokens

Tokeny Solutions, a tech platform for issuers to tokenize assets, has partnered with Polygon to further streamline the process of tokenizing compliant securities. According to a note from the company, the partnership will allow asset issuers to create security tokens in a cost-effective and scalable… Read More

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