Post
Topic
Board Altcoin Discussion
Re: Optimism & Arbitrum
by
amishmanish
on 08/03/2022, 17:23:39 UTC
Polygon Raises $450,000,000 From Sequoia Capital India, SoftBank, Galaxy, Tiger, Republic Capital
https://blog.polygon.technology/polygon-raises-450000000-from-sequoia-capital-india-softbank-galaxy-tiger-republic-capital

I have no idea how this is not talked about more in the traditional media. 450 Million is a lot of money. And they basically sold their tokens to get that money. It shows a lot of confidence put by these traditional VCs into Polygon.
The whole space is going through a bear market but such major investments show that the underlying current hasn't changed. Just another major positive story can change a lot of things.