- Polygon onboarded two institutions to blockchain technology in the past two weeks alone.
- Jack Melnick, Polygon’s Senior Manager, Growth BD, revealed how Polygon is attacking the traditional finance space.
- Polygon remains one of the most used Ethereum scaling projects.
“Institutions are coming” is one of the most known saying in the crypto industry. But have they really come? Perhaps not to the extent that everyone’s hoping, at least not yet.
However, there are crypto projects that are doing most of the work in onboarding institutional investors into crypto. One of those projects is Polygon, the Ethereum layer 2 network
Polygon’s Efforts to Onboard Institutions to DeFi
Polygon is one of the most active teams in the whole crypto industry in onboarding traditional finance firms to decentralized finance (DeFi).
In just the past few weeks Polygon has onboarded two institutions to its ecosystem. One of them is Franklin Templeton, an investment management firm with about $1.4 trillion in assets under management that extended its OnChain U.S. Government Money Fund to Polygon.
Franklin Templeton’s U.S. Government Money Fund is the first U.S.-registered mutual fund…
