Tagged: polygon

July 4, 2023 @ 12:28 pm By Omar Faridi  |  

Decentralization theatre: We’ve heard it time and time again in recent months as several projects have struggled to commit to the underlying ideological tenets of blockchain amid growing skepticism of the space. Others have fared relatively well, though — from the community-initiated vote for the… Read More

July 4, 2023 @ 11:29 am By Omar Faridi  |  

Digital bank Revolut will stop offering Solana (SOL), Cardano (ADA), Polygon (MATIC) tokens to US clients. Revolut has reportedly cited Bakkt’s recent decision to delist the digital tokens, as they’re considered to be unregistered securities by the US Securities and Exchange Commission (SEC). The UK-based… Read More

June 18, 2023 @ 9:36 am By Omar Faridi  |  

Only a couple months after finalizing a $155M acquisition of Apex Crypto, an established trading infrastructure provider, the New York–headquartered crypto-assets platform Bakkt Holdings, Inc. (NYSE: BKKT) is delisting three major digital currencies: Solana (SOL), Polygon (MATIC), and Cardano (ADA). Marc D’Annunzio, Bakkt General Counsel… Read More

May 23, 2023 @ 3:03 pm By Omar Faridi  |  

RedStone, originator of the next-generation decentralized finance oracle platform, has announced an exclusive $350,000 angel investment round led by Web3 professionals including Stani Kulechov, Sandeep Naiwal, Alex Gluchovski and Emin Gün Sirer. The support from a host of Web3 pioneers “demonstrates the pronounced need for… Read More

May 8, 2023 @ 10:45 am By Omar Faridi  |  

SI Tickets, the ticketing site from Sports Illustrated, announced the launch of “Box Office by SI Tickets,” a self-service event management and primary ticketing solution built in partnership with web3 firm ConsenSys and powered by Polygon’s blockchain technology. Box Office is described as “the first… Read More

May 5, 2023 @ 2:56 pm By Omar Faridi  |  

Securitize, a firm digitizing the issuance, management, and trading of real-world assets, today launched a new feeder fund offering tokenized exposure to an evergreen private credit fund from leading private markets investment firm Hamilton Lane (Nasdaq: HLNE), available “exclusively” on the Polygon blockchain. Hamilton Lane… Read More

April 15, 2023 @ 8:15 pm By Omar Faridi  |  

Alongside, a platform enabling broad based exposure to the crypto market in a single token (AMKT)—is using Chainlink Proof of Reserve on Polygon mainnet. Integrating the decentralized Oracle network “helps enable Alongside transparently verify the asset reserves underlying AMKT, which track the top 25 assets… Read More

April 4, 2023 @ 10:07 pm By JD Alois  |  

Pine Protocol has announced its launch on the Polygon blockchain. Polygone enables Ethereum scaling solutions powering some big platforms like Aave, Uniswap, and OpenSea. Pine Protocol is a “decentralized non-custodial protocol that facilitates NFT asset-backed loan transactions between lenders and borrowers.” Borrowers may leverage their NFTs… Read More

February 16, 2023 @ 8:39 am By Omar Faridi  |  

Obligate, formerly known as FQX, is a Switzerland-based company that provides a blockchain-based bond platform. The Obligate platform is designed to streamline the debt issuance process and make it more accessible to businesses of all sizes. The platform provides a secure and transparent way of… Read More

February 2, 2023 @ 1:13 pm By JD Alois  |  

Hamilton Lane (NASDAQ: HLNE), one of the largest private markets investment firms in the world, has listed its Equity Opportunities Fund V, on the digital securities platform Securitize. Going forward, Securitize and Hamilton Lane plan to launch two additional feeder funds in the coming months…. Read More

January 31, 2023 @ 1:17 pm By Omar Faridi  |  

FIO Protocol, the decentralized solution for global blockchain usability, has announced the launch of FIO Domain wrapping on the Polygon blockchain. Wrapping is the process of taking a token “from one blockchain and making it available for use on another.” This launch moves FIO Protocol… Read More

January 16, 2023 @ 9:43 am By JD Alois  |  

IMPT has announced a deal to purchase up to €50 million in carbon credits from Polygon blockchain-powered Thallo. IMPT is a carbon-offsetting ecosystem aiming to connect brands and commerce to individuals and businesses interested in reducing their carbon footprint. Thallo uses blockchain technology to facilitate… Read More

January 8, 2023 @ 4:55 pm By Omar Faridi  |  

The Mastercard Artist Accelerator will harness Web3 technologies on the Polygon blockchain, “forging new territory by connecting artists with mentors and fans in an exclusive development program” Mastercard (NYSE: MA) extended its growing music footprint “with the launch of the Web3-based Mastercard Artist Accelerator program.”… Read More

December 26, 2022 @ 8:17 am By Omar Faridi  |  

In yet another step towards democratizing access to the world of cryptocurrencies in Latin America, Nubank (NYSE: NU) announced two more digital currencies as part of the Nubank Cripto experience, currently “available to more than 67 million of customers in Brazil.” Launched in May “with… Read More

November 28, 2022 @ 7:11 pm By Omar Faridi  |  

Magic Eden, the cross-chain NFT marketplace, announced plans to integrate with the Polygon network. The expansion will allow Magic Eden “to work closely with strategic IP owners, world-class games developers, and emerging creators from the Polygon ecosystem.” The Polygon network is “home to some of… Read More

November 4, 2022 @ 4:36 pm By Omar Faridi  |  

WalletConnect, the web3 communications protocol company, announced that it has raised $12.5 million in an ecosystem round, “with participation from Shopify, Coinbase Ventures, ConsenSys, Circle Ventures, Polygon, Uniswap Labs Ventures, Union Square Ventures, 1kx, HashKey, Foresight Ventures, and others.” The ecosystem round “lays the groundwork… Read More

October 24, 2022 @ 9:30 pm By Omar Faridi  |  

Exodus Movement, Inc. (tZERO and Securitize ATS:EXOD), which claims to be the leading self-custodial cryptocurrency software platform, and Polygon Technology, a developer of Polygon, the Ethereum scaling blockchain protocol Polygon supporting Web3 technology for millions of users, recently announced “the addition of Polygon support in… Read More

October 19, 2022 @ 8:55 am By JD Alois  |  

Nubank (NYSE: NU) has announced the creation of its own cryptocurrency Nucoin. The digital asset is leveraging the Polygon blockchain network. Nubank claims the title of one of the largest financial services companies in the world. Last month, it reported that it had topped 70… Read More

September 1, 2022 @ 10:01 am By Omar Faridi  |  

Fireblocks, the provider of digital asset and crypto custody technology, and Tokeny, the tokenization solution provider, announced their partnership “to provide a turnkey and enterprise-grade solution for tokenization using the ERC-3643 market standard on Polygon.” Institutions seeking to mint and manage permissioned tokens such as… Read More

August 27, 2022 @ 4:41 pm By Omar Faridi  |  

Liminal, a wallet operations infrastructure, extended its existing partnership with Polygon to offer staking “within the digital wallet platform.” Digital asset holders may now “benefit from the security of Liminal’s self-custody wallets along with the earnings potential of staking on Polygon.” Furthermore, with this announcement… Read More