Regulated US trading platform INX announced the addition of the Polygon (POL)-USD trading pair, signaling an expansion of its trading capabilities.
What is Polygon and Its Significance
Polygon, formerly known as MATIC, is the native token of the eponymous blockchain platform designed to scale Ethereum. It aims to create a multi-chain ecosystem compatible with Ethereum and allows users to interact with thousands of decentralized applications (dApps) across its blockchains.
INX Trading Platform and New Opportunities
INX is keen to provide users with a wide array of investment opportunities. The listing of the POL-USD trading pair marks a new step towards establishing a user-friendly and top-tier trading platform. "We’re delighted to list the Polygon-USD pair, and we’re positive our community of traders will feel the exact same way," said Itai Avneri, deputy CEO and COO of INX.
INX's History and Achievements
INX made history in 2020 by launching the first-ever SEC-registered security token, raising $84 million from over 7,000 retail investors across 74 countries. Recently, the company announced its acquisition by the investment firm Republic, in a deal valued at up to $60 million.
Thus, the addition of the Polygon (POL)-USD trading pair confirms INX's intention to offer users expanded trading options, further solidifying its market reputation.
