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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.

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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.

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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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Kenny Williams is a crypto fanatic and writer with a deep passion for blockchain technology. He holds a degree in computer science from University of Texas at Austin and has been actively involved in the crypto world for over 5 years. Kenny spends most of his time researching and analyzing the latest trends and developments in the world of cryptocurrency. His expertise and insights have made him a respected voice in the industry, and his writing has been published in leading crypto publications. When he's not writing or researching, Kenny enjoys tinkering with technology and building his own blockchain projects. He's also an avid traveler and loves to explore new cultures and cuisines around the world.
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