Polygon Valuation, Funding & Investors

21.co is a Zug, Switzerland-headquartered cryptocurrency enterprise offering user-friendly access to digital assets. As parent of 21Shares, the world's largest issuer of cryptocurrency exchange-traded products listed on the SIX Swiss Exchange, it utilizes the Onyx technology platform for issuance and operations. Founded in 2018, 21.co also oversees Amun for decentralized finance accessibility, with offices in Zurich and New York.

Aptos Labs is a blockchain-software company that develops products and applications for the Aptos layer-one network. The company was founded in 2021 by former members of Meta's Diem blockchain team and launched the Aptos mainnet in October 2022. Its technology uses the Move programming language and a parallel transaction-processing design intended to support consumer and enterprise applications. Aptos Labs builds products including the Petra self-custody wallet, Aptos Explorer, Aptos Connect, Aptos Names, and Geomi developer tools. The company serves software developers, application operators, institutions, and end users building or transacting on the network. Its commercial activity is tied to developer infrastructure, application services, and broader usage of products in the Aptos ecosystem. Aptos Labs acquired Japan-based HashPalette in October 2024 and later renamed that subsidiary Aptos Japan.

Babel Finance is a cryptocurrency financial services firm offering lending, asset management, and prime brokerage to high-net-worth individuals and institutions. Licensed in Singapore and operating globally from its Hong Kong headquarters, it processes over $1 billion in monthly collateralized loans at competitive rates. The platform supports major assets like Bitcoin, Ethereum, and stablecoins through OTC trading desks and custody solutions partnered with Fireblocks. Babel Finance facilitates structured products including yield farming and hedging strategies.

CertiK is a New York-based blockchain security auditor founded in 2018 by Yale and Columbia professors. The firm has secured over $200 billion in DeFi value through AI-driven smart contract audits and formal verification for protocols like Binance Smart Chain and Polygon. With 300 employees, it monitors 10,000 projects via Skynet platform, detecting exploits in real-time.

Copper is a London-headquartered custody and trading platform for institutional digital assets. It safeguards over $5 billion in client assets including Bitcoin and Ethereum using multi-party computation wallets and air-gapped storage. The ClearLoop network facilitates off-exchange settlement with exchanges like Binance and Coinbase Prime, while its lending service offers uncollateralized loans.

Morpho is a Paris-headquartered decentralized lending protocol on Ethereum and Base blockchains, managing over $2 billion in total value locked. It offers optimized lending markets with dynamic interest rates and collateralized loans for assets like ETH, BTC, and stablecoins. Integrated with wallets such as MetaMask and Ledger, Morpho enables permissionless vaults for yield farming. Launched in 2022, it partners with Aave and Compound, serving DeFi users globally with non-custodial borrowing.

Mysten Labs is a privately held blockchain-infrastructure company founded in 2021 by engineers who previously worked on Meta's blockchain initiatives. The Palo Alto company is the original contributor to Sui, a layer-one network designed for high-throughput applications and digital-asset ownership. Mysten develops the Sui implementation, the Move programming environment and supporting tools for secure smart-contract development. Its wider product and protocol portfolio includes Walrus decentralized storage, Seal access-control infrastructure, Enoki application tooling, DeepBook trading infrastructure and consumer wallet software. The company serves software developers, consumer applications, game studios, financial protocols and users of Sui-based services. Mysten combines distributed-systems and cryptography research with product engineering and open-source protocol development. Its commercial opportunities are tied to software, infrastructure and ecosystem services built around the networks and applications it develops.

Network School is a community and education program that brings together learning in technology, remote work and physical fitness under the slogan Learn, Burn, and Earn. Participants apply to join a global community building startups, skills and health through programs, events and workshops. The company has signed a memorandum of understanding with the Republic of Kazakhstan, which supports a new campus in Astana with expedited visas and assistance with redomiciliation for talent. Partners listed include Astana Hub, Superteam Kazakhstan, the Alatau City Authority and alem.ai. Network School operates from Singapore and was founded in 2024.

RedotPay is a Hong Kong-based fintech platform bridging cryptocurrency and fiat payments. Users access Visa and Mastercard debit cards loaded with USDT and USDC, alongside a multi-currency wallet for global transfers. The service includes crypto earning via staking, OTC trading, and business payout tools. Launched in 2022, RedotPay serves customers in over 150 countries with regulatory compliance in multiple jurisdictions.

TRM Labs provides blockchain intelligence tools for financial institutions, crypto firms, and agencies like the FBI and IRS to detect and investigate cryptocurrency crimes. Trusted by clients including PayPal, Visa, FTX, Uniswap, and Anchorage, the company has raised over $79 million from investors such as JPMorgan Chase, Citi, and Tiger Global. Operating remotely with hubs in San Francisco, Washington, DC, and London, TRM employs experts from the U.S. Secret Service, Treasury, and Coinbase.

0G is a decentralized artificial-intelligence infrastructure network combining an EVM-compatible blockchain, distributed storage, data availability and decentralized compute. Its modular architecture lets developers use individual services independently or assemble them into a stack for data-intensive applications. The network is designed for AI inference and model training as well as gaming, decentralized finance and other high-throughput workloads. Developers, infrastructure operators and application teams are its main professional users, while consumers can access applications built on the network. Usage fees and network-token economics support the services provided by storage, compute and validator participants. The project was co-founded in 2023 and positions itself as an open, verifiable alternative to centralized AI infrastructure.

Rain is a New York-based infrastructure provider enabling stablecoin wallets, payment cards, and cross-border transfers via a single API for fintech platforms and banks. Partners convert fiat to USDC or PYUSD, issue Visa-linked virtual cards, and settle merchant payouts globally. Launched in 2022, the platform handles KYC verification, AML screening, and connections to networks like Visa Direct and Circle.

Sky Mavis is a Ho Chi Minh City-headquartered blockchain gaming studio behind Axie Infinity, a play-to-earn game with over 2.5 million daily active users on Ronin sidechain. The company develops NFT marketplaces, decentralized wallets, and metaverse tools using Ethereum-compatible infrastructure, enabling token economies with AXS and SLP assets. Founded in 2018 by Vietnamese entrepreneurs, Sky Mavis raised strategic investments from Andreessen Horowitz and has expanded to web3 titles like Pixels on mobile platforms.

2TM is a Brazilian holding company that owns Mercado Bitcoin and other providers of solutions in crypto and blockchain. The group was born in 2013 and describes its flagship platform as the largest digital asset platform in Latin America, with a base of more than four million clients. Its sister businesses include a digital custodian, an asset tokenizer, an equity crowdfunding platform and an educational arm. SoftBank's Latin America fund led a US$200 million Series B in 2021 that valued the group at US$2.1 billion, followed by a US$50.3 million second closing, and Mercado Libre bought shares in January 2022. In 2021 and 2022 the group bought Par Mais, Portal do Bitcoin, Blockchain Academy, CriptoLoja and Wuzu, and it launched a venture unit, 2TM Ventures, in December 2021. The company is registered in Sao Paulo and in July 2026 announced a Series C first closing of about R$100 million led by Tether.

SharpLink Inc is one of those publicly traded companies to adopt ETH as its primary treasury reserve asset - a move that aligns the company with the future of digital capital and gives investors direct exposure to Ethereum, a smart-contract platform and a digital asset. The company is also a trusted marketing partner to sportsbooks and online casino gaming operators world-wide. Through its iGaming affiliate marketing network, SharpLink owns and operates a portfolio of direct-to-player, state-specific, affiliate marketing websites designed to attract, acquire and drive local sports betting and online casino gaming traffic to its valued partners which are licensed to operate in each respective state.

Securitize Holdings Inc provides a platform for tokenized real-world assets specializing in tokenizing real-world assets (RWAs) like funds, equities, and fixed income on blockchain networks. The company operates across two primary verticals: i) Tokenization: It consists of on-chain infrastructure and tokenization & distribution, ii) Asset Servicing: It covers post-issuance transfer agent and fund management services. The majority of the company's revenue is derived from the Tokenization vertical.

OSL Group Ltd is an investment holding company. Along with its subsidiaries, the company operates an insured and SFC-licensed digital assets and blockchain platform business in the Asia-Pacific region, which mainly includes an OTC trading business to trade digital assets with corporate and individual customers, and the provision of automated digital assets trading services through its proprietary platforms. It provides a comprehensive range of services, including brokerage, custody, exchange, and SaaS. The group's platform caters to institutional, professional, and retail investors, facilitating them to manage their digital assets. Geographically, it operates in Hong Kong, Australia, Japan, Singapore, and Mainland China.

Bullish is an institutionally focused global digital asset platform focused on providing market infrastructure and information services. Its objective is to provide mission critical products and services that are designed to help institutions grow their businesses, empower individual investors, and drive the adoption of stablecoins, digital assets, and blockchain technology. It expanded its product offering to provide trusted insights, authoritative news, data, indices and transparent analysis to the digital assets industry while facilitating partnerships, investment opportunities, and community engagement through its flagship Consensus conference.