Polyhedra Network completed US$20 million in strategic financing at a US$1 billion valuation, led by Polychain Capital

Polyhedra Network completed a strategic financing of $20 million with a valuation of $1 billion, led by Polychain Capital and participated by Animoca Brands, Hashkey Capital, Longhash Ventures, Emirates Consortium, Mapleblock Capital, etc. This round of financing, like the previous four rounds, was conducted through a simple agreement for future tokens or SAFT. The round of financing ended last month, and the total amount of Polyhedra's financing has reached $75 million. This round of financing will be used to recruit cross-functional departments such as product, engineering, business development, and marketing, expanding the current team of about 50 people to about 80 people.