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HomeNewsPolygon Ecosystem Booms with Google, Sotheby's, Sports Illustrated, and Franklin Templeton: Is...

Polygon Ecosystem Booms with Google, Sotheby’s, Sports Illustrated, and Franklin Templeton: Is MATIC Poised for a Major Rally?

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  • Cofounder of Polygon, a layer-2 scaling solution for Ethereum, shares four significant developments in the Polygon ecosystem in the last 10 days.
  • Google announces its support for Polygon Supernets and a joint fund with Polygon Labs to support startups.

Polygon Ecosystem: Google, Sotheby’s, Sports Illustrated, and Franklin Templeton Join In

Cofounder of Polygon, a layer-2 scaling solution for Ethereum, tweeted about four significant developments in the Polygon ecosystem in the last ten days. First, Google announced its support for Polygon Supernets (appchains) and committed to supporting startups on Polygon in a joint fund with Polygon Labs.

Sotheby’s and Sports Illustrated Join In

Second, Sotheby’s, a British-founded auction house, launched its NFT marketplace on Polygon, which provides a platform for buying, selling and discovering unique digital assets. Third, Sports Illustrated, an American sports media brand, launched a ticketing platform on Polygon.

Franklin Templeton Goes for Tokenization

Fourth, Franklin Templeton, a $1.4 trillion finance sector giant, has decided to tokenize large scale regulated financial products for 0xPolygonDeFi. The move is expected to enhance the transparency, liquidity and efficiency of traditional finance.

Polygon Ecosystem Booming

The recent developments indicate that the Polygon ecosystem is thriving and attracting interest from billion-dollar companies. Cofounder of Polygon told ETHNews,

It’s really hard to keep up with what all is happening within the Polygon Ecosystem.

The developments demonstrate that Polygon’s mission to provide a scalable and sustainable solution for Ethereum is gaining momentum.

In conclusion, the Polygon ecosystem has witnessed significant developments in the last ten days, including Google’s announcement of support for Polygon Supernets and a joint fund with Polygon Labs. Sotheby’s, Sports Illustrated, and Franklin Templeton have also joined in, indicating that Polygon’s mission to provide a scalable and sustainable solution for Ethereum is gaining momentum.

The ecosystem’s growth is expected to continue, making it a significant player in the blockchain space.

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Marcel Knobloch
Marcel Knobloch
Marcel is the managing partner of ETHNews and is also known as Collin Brown in the crypto community. He is a seasoned Bitcoin investor who entered the crypto scene during its early stages and has since become a veteran trader in both the cryptocurrency and forex markets. His journey began in 2012 when he made his first investment in Bitcoin, marking the beginning of his deep-rooted passion for blockchain technology and digital assets. With a mission to demystify the intricacies of blockchain for the masses, Marcel endeavors to bring the world of cryptocurrencies closer to everyone. His insightful reports are dedicated to shedding light on the latest developments and innovations within the realms of Bitcoin, Ethereum, Ripple (XRP), IOTA, VeChain, Cardano, Hedera, and numerous other cryptocurrencies. Marcel's in-depth analysis and commitment to providing accessible information make him a trusted source for both novice and experienced crypto enthusiasts. Marcel's academic background includes a Master's Degree in Business Education, which has equipped him with a solid foundation in financial markets and investment strategies. Over the past decade, he has amassed invaluable experience working with various startups across the globe, enriching his knowledge and understanding of the ever-evolving cryptocurrency landscape. With his wealth of expertise and dedication to empowering others with crypto knowledge, Marcel continues to be a driving force in the cryptocurrency community. Business Email: marcel.knobloch@hotmail.com Phone: +49 160 92211628
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