1. Home
  2. polygon

polygon

Tokenized RWAs are ’a $30 trillion opportunity’ — Polygon exec

High-net-worth individuals and private equity funds will drive adoption, said Colin Butler.

Tokenized real-world assets (RWAs) represent a $30 trillion market opportunity globally, Colin Butler, Polygon’s global head of institutional capital, told Cointelegraph in an interview.

Adoption will largely be driven by high-net-worth individuals dramatically increasing portfolio allocations to alternative assets — such as private credit — as tokenization brings liquidity and accessibility to historically illiquid asset classes.

“The idea is that there are $300 trillion in global assets, half of which—$100 trillion—are owned by individuals with net worths between $1 million and $30 million” whose portfolio allocations to alternative assets are often negligible, Butler said.

Read more

DRV is now available for funding & trading!

Crypto Trader Says Bitcoin Potentially Forming a Bullish Setup, Updates Outlook on Solana and Polygon

Crypto Trader Says Bitcoin Potentially Forming a Bullish Setup, Updates Outlook on Solana and Polygon

A closely followed crypto analyst says that Bitcoin (BTC) may be forming a bullish pattern, setting up a massive breakout. In a new strategy session, crypto trader Ali Martinez tells his 69,300 followers on the social media platform X that Bitcoin could soon soar more than 7% from its current value in the short term. […]

The post Crypto Trader Says Bitcoin Potentially Forming a Bullish Setup, Updates Outlook on Solana and Polygon appeared first on The Daily Hodl.

DRV is now available for funding & trading!

Indian Crypto Exchange WazirX To Roll Back All Trades and Restore Balances Following $230,000,000 Hack in July

Indian Crypto Exchange WazirX To Roll Back All Trades and Restore Balances Following 0,000,000 Hack in July

Indian crypto exchange WazirX is reversing all trades and restoring customer balances after the platform was hacked to the tune of hundreds of millions of dollars in July. In a new thread on the social media platform X, WazirX says that after listening to the community, it has decided to roll back all trades made […]

The post Indian Crypto Exchange WazirX To Roll Back All Trades and Restore Balances Following $230,000,000 Hack in July appeared first on The Daily Hodl.

DRV is now available for funding & trading!

Santiment Outlines Bullish Altcoins Amid a Blossoming Crypto Market – Here Are the Analytics Firm’s Picks

Santiment Outlines Bullish Altcoins Amid a Blossoming Crypto Market – Here Are the Analytics Firm’s Picks

The crypto analytics firm Santiment outlined potentially bullish altcoins as digital asset markets ticked upwards on Friday. Santiment analyzes assets by their market value-to-realized-value (MVRV) Z-score, which aims to measure whether they are undervalued or overvalued. An asset tagged with a low MVRV Z-score is seen as undervalued while those with a high MVRV Z-score […]

The post Santiment Outlines Bullish Altcoins Amid a Blossoming Crypto Market – Here Are the Analytics Firm’s Picks appeared first on The Daily Hodl.

DRV is now available for funding & trading!

Polymarket Bettors Predict 84% Chance of Trump-Harris Debate Before Election

Polymarket Bettors Predict 84% Chance of Trump-Harris Debate Before ElectionAccording to the blockchain-based prediction market Polymarket, there is an 84% likelihood that former President Donald Trump and current Vice President Kamala Harris will debate before the election. Trump has shown hesitation to debate Harris until her official nomination, citing significant confusion within the Democratic party. High Stakes: $142,846 Wager on Trump-Harris Debate Before Election […]

DRV is now available for funding & trading!

Coinbase Adds Support for Blockchain-Based Web3 Strategy Game Token BLOCKLORDS (LRDS)

Coinbase Adds Support for Blockchain-Based Web3 Strategy Game Token BLOCKLORDS (LRDS)

Top US-based crypto exchange platform Coinbase is abruptly adding support for BLOCKLORDS (LRDS), the native token of a blockchain-based strategy game. In a new announcement on the social media platform X, Coinbase says LRDS will be added with an Experimental label, meaning the token is new to the platform or it has low trading volume […]

The post Coinbase Adds Support for Blockchain-Based Web3 Strategy Game Token BLOCKLORDS (LRDS) appeared first on The Daily Hodl.

DRV is now available for funding & trading!

Polygon Labs Announces MATIC Token Will Officially Rebrand to POL in September Amid Massive Technical Upgrade

Polygon Labs Announces MATIC Token Will Officially Rebrand to POL in September Amid Massive Technical Upgrade

The development team behind layer-2 scaling solution Polygon (MATIC) says they will be officially renaming the ecosystem’s native asset to POL after the network goes through a major upgrade later this year. In a new blog post, Polygon Labs says that starting on September 4th, MATIC will be replaced by POL as the blockchain’s native […]

The post Polygon Labs Announces MATIC Token Will Officially Rebrand to POL in September Amid Massive Technical Upgrade appeared first on The Daily Hodl.

DRV is now available for funding & trading!

Square-Enix backs blockchain-based football MMO ‘Soccerverse’

The game uses the Polygon blockchain and currently runs in most browsers.

Soccerverse, the company behind the massively multiplayer online game of the same name, announced a $3.1 fundraise led by Japanese gaming giant Square-Enix on July 11. 

The game, which is currently available in beta, is a blockchain-based sports simulation similar to the Football Manager series that allows users to take on various roles such as coaching a team or representing a player. It runs on the Polygon blockchain and, while free-to-play, features web3 functionality.

According to a blog post, Square-Enix led the company’s most recent funding round alongside previous backer Hiro Capital.

Read more

DRV is now available for funding & trading!

Final Fantasy Publisher Square Enix Invests in Soccer Metaverse Game on the Polygon Blockchain

Final Fantasy Publisher Square Enix Invests in Soccer Metaverse Game on the Polygon BlockchainSoccerverse, a massively multiplayer football management game, has successfully raised $3.1 million in a strategic funding round led by renowned games industry publisher Square Enix, with additional participation from early investor Hiro Capital. This brings the total funding to $4 million. Founded by ex-Soccer Manager CEO Andrew Gore and blockchain gaming pioneers Andrew Colosimo and […]

DRV is now available for funding & trading!