Stay updated with breaking news from Predicate Labs. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Polygon is one of a number of so-called Layer 2 operators, offering tools for developers who want to create decentralized apps (or dapps) and tackling the issue of network congestion.
(Bloomberg) -- Polygon, the operator of an eponymous protocol used by developers to make Ethereum transactions quicker and cheaper, raised $450 million by selling its Matic crypto token to investors led by Sequoia Capital India. SoftBank Group Corp.
Ethereum scaling and infrastructure development platform Polygon has acquired Ethereum scaling startup Mir Protocol for $400 Mn