Crypto infrastructure provider Polyhedra Network reached a valuation of $1 billion.
Polyhedra Network, which announced that it would airdrop soon, completed an important financing round. According to the statement made by the team, the tour Animoca Brands with the participation Polychain Capital Managed by.
funding round $20 million financing round with a $1 billion valuation successfully completed. Important actors such as Emirates Consortium, Mapleblock Capital, Hashkey Capital, UoB Ventures, Symbolic Capital, Longhash Ventures, MH Ventures, Arkstream Capital and Web3Port Foundation participated in the round.
The funds collected will be used in the company’s global to advance expansion plans and hire new employees. It was stated that it would be used.
Chief strategy officer of Polyhedra Network Eric Vreeland In his statement on the subject, he touched upon the importance of the technology they are working on:
Blockchain technology is revolutionary because it allows individuals and institutions to make transactions without a trusted intermediary. Zero-knowledge technology is key to unlocking blockchain’s full potential