Tagged: polygon

Blockchain based Gaming: Magic Eden Announces Expansion to Polygon Network

Magic Eden, the cross-chain NFT marketplace, announced plans to integrate with the Polygon network. The expansion will allow Magic Eden “to work closely with strategic IP owners, world-class games developers, and emerging creators from the Polygon ecosystem.” The Polygon network is “home to some of… Read More

WalletConnect Raises $12.5M Ecosystem Round to Build Web3 Communications Network

WalletConnect, the web3 communications protocol company, announced that it has raised $12.5 million in an ecosystem round, “with participation from Shopify, Coinbase Ventures, ConsenSys, Circle Ventures, Polygon, Uniswap Labs Ventures, Union Square Ventures, 1kx, HashKey, Foresight Ventures, and others.” The ecosystem round “lays the groundwork… Read More

Digital Asset Platform Exodus Announces Polygon Support in Web3 Wallet

Exodus Movement, Inc. (tZERO and Securitize ATS:EXOD), which claims to be the leading self-custodial cryptocurrency software platform, and Polygon Technology, a developer of Polygon, the Ethereum scaling blockchain protocol Polygon supporting Web3 technology for millions of users, recently announced “the addition of Polygon support in… Read More

Brazil based Neobank Nubank Creates Bespoke Cryptocurrency – Nucoin

Nubank (NYSE: NU) has announced the creation of its own cryptocurrency Nucoin. The digital asset is leveraging the Polygon blockchain network. Nubank claims the title of one of the largest financial services companies in the world. Last month, it reported that it had topped 70… Read More

Fireblocks, Tokeny Support Adoption of Permissioned Tokens on Polygon

Fireblocks, the provider of digital asset and crypto custody technology, and Tokeny, the tokenization solution provider, announced their partnership “to provide a turnkey and enterprise-grade solution for tokenization using the ERC-3643 market standard on Polygon.” Institutions seeking to mint and manage permissioned tokens such as… Read More

Digital Custody Solution Provider Liminal Supports Staking on Polygon Network

Liminal, a wallet operations infrastructure, extended its existing partnership with Polygon to offer staking “within the digital wallet platform.” Digital asset holders may now “benefit from the security of Liminal’s self-custody wallets along with the earnings potential of staking on Polygon.” Furthermore, with this announcement… Read More

Boson Protocol v2, Web3’s Digital Commerce Layer, to Launch on Polygon

The developers of Boson Protocol are pleased to announce the introduction of Boson Protocol v2, which is described as “the breakthrough technology enabling digital to physical redemption without intermediaries is launching on Polygon.” Polygon is an Ethereum scaling platform that “enables developers to build scalable… Read More

Web3 Venture Studio SuperLayer Establishes $25M Fund Led by Polygon

Web3 venture studio SuperLayer is announcing a $25 million fund “led by anchor investor and strategic partner Polygon, an Ethereum scaling platform onboarding millions to Web3.” SuperLayer is “a Web3 venture studio founded by early pioneers in blockchain, gaming, and social tokens who are applying… Read More

New Digital Asset Staking Service Available via Gemini

The team at Gemini are pleased to announce the launch of Gemini Staking, which allows you to seamlessly “receive staking rewards in [their] Gemini account.” As of August 18, you may “start staking MATIC on the Polygon network.” Ethereum (ETH), Solana (SOL), Polkadot (DOT), and… Read More

Fireblocks Integrates Tokeny to Offer Turnkey Digital Security Solution

Fireblocks, a digital asset services firms that provides custody solutions, has partnered with Tokeny – a top security token platform. According to a company statement, Fireblocks aims to provide the ability for customers to mint and manage permissioned digital assets such as securities and stablecoins…. Read More

Cross Chain Messaging Protocol Nomad Raises $22.4 Million Seed Round

Nomad has raised $22.4 million in a Seed round that closed in April, backed by well-known investors. Coinbase Ventures, OpenSea, Crypto.com Capital, Wintermute, Gnosis, Algaé, and Polygon all participated in the round. Nomad’s mission is to create a safer crypto ecosystem where blockchains can communicate… Read More

Kraken Is Offering Expanded Margin Pairs for BTC, XRP, ETH, MATIC, LINK, DOGE, SOL, MANA

The team at digital asset firm Kraken is pleased to announce that their crypto trading platform now supports new margin pairs “for Bitcoin (BTC), Ripple (XRP), Ethereum (ETH), Polygon (MATIC), Chainlink (LINK), Dogecoin (DOGE), Solana (SOL) and Decentraland (MANA)!” Margin trading is now available for… Read More

Blockchain Gaming Firm Immutable Hires Polygon Exec Aviral Avasthi

Immutable, a global blockchain gaming company bringing digital asset ownership to billions, announced the appointment of Aviral Avasthi as Senior Vice President, Marketing. Avasthi will “head marketing, communications and community teams for Immutable X, leveraging expertise gained in prominent web2 and web3 roles for Polygon,… Read More

Coinbase Announces Improved Multichain Transfers for Clients

Coinbase (NASDAQ:COIN) recently announced a faster, easier, and “less expensive” way of sending and receiving cryptocurrency via multiple networks, starting with Polygon, Coinbase’s first L2 integration, and Solana. With the ongoing surge in blockchain usage and increase in gas fees, “the process of sending crypto… Read More

Fintech Wirex and Polygon to Launch New Payment Method in India via Mass-Market Wallet

Wirex, a crypto payments company, is expanding the suite of top-up methods on their non-custodial wallet “for Indian customers.” The addition of this popular payment option to purchase crypto “will make the digital economy more accessible for over 1 billion people in India.” The Wirex… Read More

Stablecoins: Tether Token (USDt) Launches on Polygon

Tether Operations Limited, the company operating the blockchain-enabled platform tether.to that “powers the largest stablecoin by market capitalization of over US $73 billion,” has launched Tether tokens (USDt) on Polygon (formerly MATIC), “a leading blockchain development platform.” The addition of Tether to the Polygon ecosystem… Read More

Lens Protocol Launches to Support “Decentralized” Social Networks

Aave Companies recently announced the launch of Lens Protocol, an open-source tech stack for “building decentralized social networking applications.” Lens has been launched on Polygon’s “low-cost” and “eco-friendly” blockchain . Using Lens’ open-source blockchain tech, developers can now “build Web3-powered social media apps, marketplaces, recommendation… Read More

TRM Integrates with Polygon to Offer Risk, Compliance Monitoring Capability

TRM Labs, which claims to be the industry “leader” in crypto compliance and risk management solutions, announced its integration with Polygon, an Ethereum scaling platform “onboarding millions to Web3, to provide a full suite of anti-fraud and financial crime tools to members of the Polygon… Read More

Singapore based Digital Asset Investment Firm KoinBasket Acquires $2M via Pre-seed Round

KoinBasket, a Singapore-headquartered digital asset investment platform, recently finalized a $2 million pre-seed round. KoinBasket says that it plans to use the proceeds from the investment round to further expand its professional team and onboard talent. The round has reportedly been led by investors such… Read More

DEX Meshswap Launches on Polygon

Meshwap, decentralized exchange (DEX), has launched on Polygon reporting one million-plus users accessing its DeFi ecosystem. Polygon is a platform for Ethereum scaling and infrastructure development claiming 7000+ applications hosted, over 3.4 billion total transactions processed, and about 135M+ unique user addresses. Meshswap is an… Read More

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