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Polygon raises $450m in funding via a token sale

India based Ethereum scaling startup raised $450m in funding via a token sale led by Sequoia Capital.

“Previously at MATIC Network [the former name of Polygon], we were building Plasma solutions,” he said. “Although 10 to 15 teams raised money on the Plasma hype, we were the only team that shipped a proper product with Plasma capabilities.”

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eth, defi