Saturday, 11 April, 2026
Polygon founder raises $50M to focus on emerging markets
By Basit Ansari
<p>Polygon has secured its first significant funding round, raising $450M. Sandeep Nailwal, the platform'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's own objective to hasten the development of web3 apps.</p>
Read full story at TechCrunch
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