Announcing our funding round

Funding Rounds

▤ Summary

We are pleased to announce Coinbase Ventures as our investor in our seed round. When one thinks about crypto adoption for real world use cases, usability and stability are extremely crucial aspects. Coinbase wallet will help Matic’s decentralized-app interact with Matic Network easily and securely. Once the user’s assets are on Matic, they will be able to transfer and trade them on Coinbase Wallet instantly. In order to address volatility, Matic will integrate USD Coin (USDC) alongside other stablecoins like DAI to provide stable payment rails on top of Matic Network.

$ Funding

$
Amount $450.0K Total raised
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Date April 30, 2019 Announcement date
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Investors - Lead investors
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Company https://matic.network/ Funded company

▥ Classifications

industries
Media and Publishing
applications
Web and Content Management

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