Polygon

Polygon

Blockchain scalability and infrastructure solutions

About Polygon

Simplify's Rating
Why Polygon is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Crypto & Web3

Company Size

201-500

Company Stage

Late Stage VC

Total Funding

$451.5M

Headquarters

George Town, Cayman Islands

Founded

2017

Overview

Polygon enhances blockchain scalability and infrastructure, primarily serving the decentralized finance (DeFi) market. Its main product, the Polygon PoS (Proof of Stake) Chain, allows for faster and cheaper transactions, while bridging solutions enable asset transfer between different blockchains. Developers can utilize APIs and indexing services to manage their projects more efficiently. Polygon aims to provide scalable solutions that help clients reduce costs and improve the performance of their decentralized applications.

Simplify Jobs

Simplify's Take

What believers are saying

  • Polygon's Supernets and $100M grants package incentivize developer engagement.
  • Partnership with Jio Platforms could expand Polygon's user base in India.
  • Collaboration with Magic Labs positions Polygon as a leader in cross-chain solutions.

What critics are saying

  • Competition from Arbitrum and Optimism in Ethereum scaling.
  • Potential regulatory scrutiny in India could impact Polygon's expansion plans.
  • Cryptocurrency market volatility may affect Polygon's transaction fee revenue.

What makes Polygon unique

  • Polygon offers a comprehensive suite of Ethereum scaling solutions.
  • Polygon's PoS Chain enables faster and cheaper transactions than traditional blockchains.
  • Polygon's bridging solutions enhance interoperability across different blockchain networks.

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Funding

Total Funding

$451.4M

Above

Industry Average

Funded Over

3 Rounds

Notable Investors:
Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Work from anywhere (Remote first)

Flexible working hours

Flexible vacation policy

Competitive Salary

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-2%

2 year growth

-1%
CoinTrust
Mar 5th, 2025
Brickken Expands Multi-Chain Capabilities with Polygon Integration

Brickken, a platform specializing in digital asset trading, has announced the integration of its tokenization technology with Polygon, a blockchain network designed for Ethereum scaling.

Encrypteon News
Feb 26th, 2025
Polygon Unveils Supernets, $100M Grants Package

Polygon has announced a new developer framework called Supernets.

Crypto News Flash
Feb 16th, 2025
Polygon Network Powers Karpous' Mission for Inclusive RWAs

Karpous, a platform providing accessible Real-World Assets (RWAs), has joined forces with Polygon to bring a unique solution to tokenizing physical assets.

BeInCrypto
Feb 12th, 2025
Karpous Running On Polygon Redefine Defi And Real-World Asset Investments

Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions. Karpous takes another significant step toward making RWAs accessible to everyone. Running on Polygon, Karpous opens doors to yield generation inclusivity like never before.Real-world assets (RWAs) are the epitome of physical existence. Karpous leverages technological breakthroughs and blends them with income-generating assets

BeInCrypto
Jan 16th, 2025
El Gigante De Telecomunicaciones Jio Se Alía Con Polygon Para Acelerar La Adopción De Web3 En India

Jio Platforms, una subsidiaria de Reliance Industries y una de las principales empresas tecnológicas de India, ha entrado en una asociación estratégica con Polygon Labs, el brazo desarrollador de los Protocolos de Polygon.Esta colaboración marca un hito en la incursión de Jio en la tecnología Web 3.0 y blockchain. Jio tiene como objetivo integrar estas tecnologías en sus servicios existentes.Jio entra en Web3 con PolygonLa asociación se centrará en incorporar capacidades de Web 3.0 en algunas de las aplicaciones y servicios populares de Jio, que ya atienden a más de 450 millones de clientes en toda India. Usando las avanzadas soluciones de blockchain de Polygon, Jio tiene como objetivo crear nuevas experiencias digitales que podrían cambiar las experiencias de los usuarios.Kiran Thomas, CEO de JPL, expresó entusiasmo por la asociación, enfatizando el potencial para desarrollos innovadores en el espacio Web 3.0:. “Unir fuerzas con Polygon Labs marca un hito significativo en el viaje de Jio hacia la excelencia digital. Estamos emocionados de explorar las infinitas posibilidades de Web3 y ofrecer experiencias digitales incomparables a nuestros usuarios”, dijo Thomas. Leer más: ¿Cómo comprar POL (ex-MATIC) en 2025? Todo lo que necesitas saberAdemás, el fundador de Polygon Labs, Sandeep Nailwal, también expresó entusiasmo por la asociación

Recently Posted Jobs

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General Counsel

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Senior Product Counsel

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Governance Program Manager

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Polygon is Hiring for 8 Jobs on Simplify!

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Polygon is Hiring for 8 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Polygon's jobs every few hours, so check again soon! Browse all jobs →

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