Polygon announced it has raised $450 million on Monday in a fundraising round led by Sequoia Capital India with participation from more than 40 venture capital firms. Polygon says that the money will allow the team to help scale Ethereum and bolster the mass adoption of Web3 applications.
- via bitcoinnews.com
The project’s native token polygon (MATIC) is the 15th largest crypto asset . MATIC has gained 3,608% against the U.S. dollar and during the last week, MATIC has jumped 20.7% higher.