Polygon Avail News Today

Ethereum co-founder Vitalik Buterin addressed crypto traders and web3 market participants at the Hong Kong web3 carnival on Tuesday.

Topia launched the first L2 shared data availability layer protocol at the Montenegro Ethereum Development Conference (EDCON) Super Demo, aiming to bring an interconnected data availability layer to Ethereum’s L2 and to connect data availability for thousands of future L2s

Ethereum Layer-2 scaling startup Polygon has raised $450 Mn from some of the biggest names in the venture capital ecosystem

Sequoia Capital India has led a $450-million investment in Polygon, a Web3 blockchain network that offers support for cryptocurrency Ethereum.

Polygon has raised $450 million in funding by selling its Matic crypto token to investors led by Sequoia Capital India.

Ethereum layer-2 scaling solution Polygon has raised $450 million (roughly Rs. 3,364 crore) from several big-name investors including Sequoia Capital India, SoftBank, Galaxy Digital, and Tiger Global, boosting its war chest as demand for its services grows with the adoption of Web3.

The funds will be raised through a private sale of Polygon’s native 'Made in India' MATIC token.

<p><a href="https://tokeny.com/">Tokeny</a><span>, an asset tokenization and compliance infrastructure provider, has successfully helped Enegra Group Ltd (“Enegra”), a commodities trading firm with approximately $28 billion in net asset value (NAV), migrate its equity-tied EGX security tokens from Ethereum to Polygon.</span></p>

It is the first ever full-blown merger of two blockchain networks. All components of the Hermez project: technology, live solutions, team, and HEZ token will be integrated into the Polygon ecosystem. The merged entity will operate under the new name: Polygon Hermez. Polygon Hermez will become a part of the growing Polygon suite that already offers solutions such as Polygon PoS, Polygon SDK, Polygon Avail, etc.