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Polygon founder raises $50M for emerging markets-focused web3 venture fund

August 25, 2022 Anita Ramaswamy 175 Viewsadvisor, Apps, Asia, Axie Infinity, binance labs, blockchain, China, cofounder, crypto, cryptocurrencies, dapps, developers, developing countries, economy, emerging markets, Entrepreneur, entrepreneurship, ethereum, fantasy sports, finance, fund, GitHub, india, money, Polygon, Sandeep Nailwal, Silicon Valley, Sky Mavis, Southeast Asia, Startup company, Startups, TechCrunch, venture, venture capital, vitalik buterin, web3, Y Combinator 5 min read

Ethereum layer-two scaling platform Polygon raised $450 million earlier this year in its first major financing round. Now, the protocol’s cofounder Sandeep Nailwal is launching another project, he told TechCrunch exclusively — this time, in the form of Symbolic Capital, a venture capital fund built by and for web3 founders. Nailwal, alongside Cere cofounder Kenzi […]