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India-Based Polygon Raises $450 Million From Sequoia India, Tiger Global, Softbank, Other Prominent VC Firms - Vimarsana News

India-Based Polygon Raises $450 Million From Sequoia India, Tiger Global, Softbank, Other Prominent VC Firms

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.

Source: ndtv.com
Polygon raises $450 million in funding round led by Sequoia Capital India - Vimarsana News

Polygon raises $450 million in funding round led by Sequoia Capital India

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 - Vimarsana News

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

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