Polygon › Investments How is Polygon planning to spend its $450 million venture money?
Things are looking even better for Polygon, as it secures VC money to fund its Web3 development goals.This week, Ethereum layer 2 platform Polygon announced it had raised $450 million in a funding round led by Sequoia Capital India. The list of backers also includes a host of familiar names, such as Galaxy Digital, Alameda Research, Bitfinex, and Celsius. The raise is widely touted as a win for Web3 development, which aims to decentralize internet protocols. Thus, eliminating the control of “...
Polygon › Investments How is Polygon planning to spend its $450 million venture money?
Things are looking even better for Polygon, as it secures VC money to fund its Web3 development goals.This week, Ethereum layer 2 platform Polygon announced it had raised $450 million in a funding round led by Sequoia Capital India. The list of backers also includes a host of familiar names, such as Galaxy Digital, Alameda Research, Bitfinex, and Celsius. The raise is widely touted as a win for Web3 development, which aims to decentralize internet protocols. Thus, eliminating the control of “...
