Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Hermez Network deposits 4.5 million MATIC into SwissBorg

Hermez Network deposits 4.5 million MATIC into SwissBorg

CointimeCointime2024/01/16 10:10
By:Cointime

According to Spot On Chain monitoring, Hermez Network canceled its pledge 2 hours ago and deposited 4.5 million MATIC (3.81 million USD) into SwissBorg due to concerns from the Polygon Foundation about token distribution transparency. Polygon acquired the open-source ZK Rollup for 250 million USD in 2021, and Hermez Network still holds at least 39.92 million MATIC (34 million USD).

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

CME Futures Drive Institutional Interest in XRP

In Brief XRP futures on CME could significantly boost institutional investment. ETFs are gaining traction with significant institutional interest and inflows. XRP poised to become a focal point in the altcoin market.

Cointurk2025/05/19 18:55
CME Futures Drive Institutional Interest in XRP