Korean tokenized assets firm partners with Polygon Labs
The Korean company Mirae Asset Securities has closed a partnership with Polygon Labs, focusing on the growth of token ized securities networks. Under the partnership, Polygon Labs will work as a Mirae Asset Security Token Working Group consultant. Both companies will put joint efforts into constructing the infrastructure for token ized securities platforms. The partnership’s main aim will be establishing both companies as asset token ization leaders worldwide. Polygon, formerly Matic Network, was founded in 2017 by Jaynti Kanani, Mihailo Bjelic, Anurag Arjun, and Sandeep Nailwal. The project initially aimed to address the scalability issues of the Ethereum (ETH) network. However, in February 2021, the framework was rebranded as Polygon with an expanded goal of supporting the creation and connection of Ethereum-compliant blockchains. Polygon’s main objective is to reduce transaction fees and significantly increase transaction speed on the Ethereum network. By providing ...