Polygon Announces A Partnership With Kaleido

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The Polygon team announced in a blog post on Thursday that it has partnered with enterprise-grade Web3 infrastructure platform Kaleido.

The Polygon team announced in a blog post on Thursday that it has partnered with enterprise-grade Web3 infrastructure platform Kaleido. The collaboration will give businesses the power to build custom blockchains tailored to their needs.

Polygon added that Kaleido would leverage Polygon Edge, a modular framework for bootstrapping Ethereum-compatible networks, to meet surging demand from enterprises looking to launch services in Web3. Polygon Edge is available on Kaleido starting July 21. The offering will also eventually include Polygon Supernets, a fast-track for building application-specific chains, as well as other Polygon-leading technologies.

Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. MATIC is up by 9% in the last 24 hours and is currently trading at $0.900. 

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.