SMART VALOR lists Polygon (MATIC) - The internet of blockchains

Polygon, originally Matic Network, is a scaling solution that aims to provide multiple tools to increase the speed and reduce the cost of blockchain transactions. With Polygon, users can interact with any decentralized application (dApp) without concern of network congestion. It is one of the most important platforms for Ethereum developers and refers to itself as "Ethereum's Internet of Blockchains". The project aims to support the growth of Web 3.0 by providing the necessary infrastructure.

This year, Polygon managed to enter into some very promising partnerships with large companies:

• Disney has appointed Polygon as a partner in its Accelerator programme to get support for its Web 3.0 ambitions.
• Adidas and Prada collaborated with Polygon Studios to implement their joint metaverse project on the Polygon network.
• Meta announced Instagram would be using the Polygon network for its upcoming in-app NFT minting feature.

In the DeFi and NFT space, the Polygon network offers many opportunities and benefits for developers. This could continue to attract large investors and offers potential for further collaborations.

The Polygon team believes that the transformative technology of Web 3.0 can provide solutions to our most pressing climate problems. In their Green Manifesto they describe Polygon's approach to reducing CO₂ and to become the first blockchain that is climate positive. Polygon's climate friendly efforts are likely to be viewed positively by potential partners and investors and could help to boost MATIC's price in the coming years.

The MATIC token currently ranks 10th among all cryptocurrencies with a market capitalisation of $8,083,533,690 as of 9 December. It had its all-time high on 27 December 2021 with $2.92 and its all-time low on 9 May 2019 with $0.003012. The coin currently costs $0.9251.

MATIC is now tradable on SMART VALOR with Bitcoin (BTC), Ethereum (ETH), Tether (USDT) and all five available fiat currencies: EUR, CHF, GBP, USD and SEK.

For additional information, please contact 

Olga Feldmeier, co-founder and board chair 
Email [email protected] 

Adrian Faulkner, General Counsel 
Mobile: +44779695 0688 
Email: [email protected] 

Certified Adviser 
Mangold Fondkommission AB is acting as the Company's Certified Adviser and can be reached on phone number +46 8 5030 1550 and [email protected] 

The following documents can be retrieved from beQuoted
2022-12-09-SMART-VALOR-lists-MATIC.pdf

About SMART VALOR  
SMART VALOR is a Swiss company that became the first European digital asset exchange listed on Nasdaq First North. The company's mission is to provide a trusted gateway to blockchain technology for investors and institutions. On the B2C side, it operates a retail digital asset exchange, custody, and asset management. On the B2B side, the company works with banks and fintech companies offering its technology as a white-label Crypto-as-a-Service solution. SMART VALOR was one of the first crypto companies to receive financial intermediary status in Switzerland and to be registered as an exchange and token custodian under the Blockchain Act of Liechtenstein. 

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