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Sequoia-Led Group Buys Polygon's Crypto Token for $450 Million

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. ....

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Sequoia-Led Group Buys Polygon's Crypto Token for $450 Million

(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. ....

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Polygon Acquires ZK-Proof Startup Mir Protocol For $400 Mn

Ethereum scaling and infrastructure development platform Polygon has acquired Ethereum scaling startup Mir Protocol for $400 Mn ....

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