Made-in-India Polygon is now among Top 20 crypto coins globally

Mumbai: Polygon, founded by three Indians, breached $10 billion in market capitalisation last week. And at $13 billion currently, it is among the top 20 crypto tokens globally, according to Coinmarketcap.com.

Polygon (previously Matic Network) has seen its market cap surge ten-fold since February, owing to increased adoption of its blockchain by players in gaming, non-fungible tokens (NFTs), and DeFi (decentralised finance).