Nomura's Laser Digital Partners with WebN Group to Launch Libre Protocol on Polygon

Nomura's Laser Digital and WebN Group have unveiled the Libre protocol, a fund tokenization infrastructure powered by Polygon technology, set to launch in Q1 2024. The protocol aims to revolutionize the management and distribution of alternative investments, with Brevan Howard and Hamilton Lane as initial users.

Timeline of Polygon, Polygon-ecosystem-token

Ethereum-based layer-2 scaling solution, Polygon (MATIC) is currently in the limelight following the impressive network milestone reached today. According to an update shared by Today In Polygon as echoed by its co-founder Sandeep Nailwal, the network's Daily Active Addresses soared back to their October high averaging 500,000 users per day.

Although the current direction looks optimistic, it's important to note that if the price falls below $0.95, it could cancel out the breakout and potentially result in a significant drop in the price. Polygon's (MATIC) Breakthrough: A Game-Changing Moment In a noteworthy development within the cryptocurrency market, Polygon (MATIC) has achieved a substantial milestone by closing above a long-term descending resistance trend line, which has persisted since its all-time high in December 2021.

Starting 2024 with a 2.04% jump on New Year's Eve, the MATIC price is situated on a bullish platform, ready to bounce higher. With the Polygon price action marking a minor pullback to give a successful retest, the buyers are speculating on the possibility of a refreshed bull run.

Polygon has been one of the strongest cryptos in the markets, thriving on well-built fundamentals. The MATIC price underwent a monstrous rally during the 2021 bull run and marked new highs above $3. Unfortunately, the bear market dragged the price to its lows at $0.317.

The global cryptocurrency market value has retraced to over $1.72 trillion, suggesting that the cryptocurrency industry has lost some of its momentum in the last day. Furthermore, MATIC has not seen any tiny losses, in contrast to the majority of prominent digital assets, such as Bitcoin.

Polygon (MATIC) is currently witnessing a notable upswing, registering a 30% rise in value over the past week. This upward trend is triggered by bullish investors within the protocol, who are aiming to attain new highs for the year. Nevertheless, as the price of MATIC approaches the $1 mark, there's noticeable selling activity from investors.

Polygon Price Prediction: In a climate riddled with market uncertainty, Polygon coin has emerged as a beacon of stability, effectively maintaining its ground above the pivotal $0.75 support mark. The past eight days have witnessed a commendable rally in the MATIC value, culminating in a 43% surge, with the altcoin now trading at the $1.07

American billionaire and Bitcoin investor Mark Cuban has unstaked some Polygon (MATIC) tokens and deposited them to crypto exchange Coinbase on Tuesday. The move happens as MATIC price jumps over 10% to hit $0.92, despite the U.S. Securities And Exchange crypto alleged MATIC among other crypto as unregistered securities.

Cryptocurrency analyst and trader Ali Martinez has shared bullish sentiments on two prominent altcoins, Fantom (FTM) and Polygon (MATIC), based on their recent price actions. Fantom (FTM), a smart contract-enabled blockchain platform, is generating significant interest among crypto enthusiasts and traders.

Polygon is a decentralized layer 2 Ethereum scaling platform that enables developers to build scalable user-friendly dApps with speed transactions and low fees. Polygon zkEVM - It is the first layer 2 network of the Ethereum Virtual Machine (EVM), a zero-knowledge (ZK) rollup scaling solution.