Bitcoin

Founder Of Polygon, Sandeep Nailwal, Raises $50M For Web3 Fund

Founder Of Polygon, Sandeep Nailwal, Raises $50M For Web3 Fund

Polygon Founder

Symbolic Capital is the newest venture company to strongly emphasize Web3, gaming, and NFTs. Sandeep Nailwal, the creator of Polygon and a cryptocurrency entrepreneur, has collected $50 million for a new startup fund targeted at Web3 firms, highlighting venture capital’s rising interest in the blockchain-powered internet.

According to the business, Nailwal’s venture firm, Symbolic Capital, is supported by bitcoin protocols, exchanges, crypto-focused auditing companies, and other venture capital investors. Symbolic has invested in three blockchain-focused gaming startups: BlinkMoon, Planet Mojo, and Community Gaming. These businesses’ original investment has not been revealed.

Nailwal …

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