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Polygon raises $450M from Sequoia Capital India, SoftBank and Tiger Global – TechCrunch

Polygon has raised $450 million in a new venture financing round as the firm, with a market cap of about $13 billion, aggressively expands its portfolio of Ethereum scaling solutions and works to attract the larger developer ecosystem. Sequoia Capital India led Polygon’s first major financing round. Tiger Global and SoftBank as well as Galaxy […] ....

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Utopia Labs is building an operating system for DAOs – TechCrunch

Decentralized autonomous organizations, or DAOs, are all the rage at the moment. We’re seeing explosive growth in this sector as people experiment with building companies on top of tokens and smart contracts. And where new organization types bloom, so does the need for infrastructure. Utopia Labs is a team of four founders who met on […] ....

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