Polygon Leads $9.5 Million Investment In SX Network

Twitter icon  •  Published 1 год назад  •  Hassan Maishera

On Thursday, the Polygon team announced via a blog post that it led the $9.5 million funding round in SX Network.

On Thursday, the Polygon team announced via a blog post that it led the $9.5 million funding round in SX Network. SX Network, a Layer 2 blockchain running on Polygon, will use the funds to pioneer work on decentralized prediction market governance called futurachy and secure its strong foothold as the market leader in blockchain-based betting.

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 down by 6% in the last 24 hours and is currently trading at $1.219

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.