Friday, 24 March, 2023

Polygon founder raises $50M to focus on emerging markets

<p>Polygon has secured its first significant funding round, raising $450M. Sandeep Nailwal, the platform&#39;s co-founder, is now announcing the formation of Symbolic Capital, a venture capital firm created by and for web3 developers. Symbolic intends to particularly support businesses creating consumer-facing decentralised apps (dApps), a move that appears to be in line with Polygon&#39;s own objective to hasten the development of web3 apps.</p>