Page 4 - Polygon Edge News Today

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.

Polygon raises $450M in funds to boost Ethereum scaling and web3 technology - SiliconANGLE