Wintermute, a leading digital asset market maker, announced today that it has launched a $20 million fund to bootstrap dApp development on Polygon. In a press release shared with CryptoSlate, the company said that the fund is part of Wintermute’s newly established strategic partnership with Polygon.
Wintermute to pour millions into Polygon, starting with Router Protocol
One of the most promising Ethereum scaling platforms on the market has just gotten a huge development boost thanks to a new fund launched by Wintermute. The global trading firm has launched a $20 million fund that aims to support innovative projects utilizing Polygon’s blockchain network.
The company has already invested in a number of active projects on Polygon and plans on providing support to new projects through co-developing, integrating with other protocols, and providing liquidity. Evgeny Gaevoy, the CEO of Wintermute, told CryptoSlate that the company is already in conversation with several Polygon
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