Korean Finance Giant Collaborates with Polygon Labs, Potentially Boosting MATIC Beyond $1.

Korean Finance Giant Collaborates with Polygon Labs, Potentially Boosting MATIC Beyond $1.


Mirae Asset Securities Partners with Polygon to Revolutionize Tokenized Securities

South Korea’s Mirae Asset Securities, a top financial group managing over $500 Billion, has joined forces with Polygon, a trending blockchain network. This collaboration intends to accelerate the adoption of Web 3.0 technologies and establish a robust tokenized securities community.

As the chief technical consultant in Mirae Asset Securities’ Token Working Group, Polygon Labs will play a vital role in creating an efficient infrastructure for issuing, exchanging, and distributing token-based securities. The Head of the digital assets division at Mirae Asset Securities, Ahn In-sung, expressed his excitement about collaborating with Polygon Labs to lead the tokenized securities field globally.

The partnership likewise includes other financial corporations, such as Linger Studio, Coin Plug, Hana Financial, and Next Finance Initiative (NFI). Notably, prominent institutions like Franklin Templeton and Hamilton Lane are already utilizing Polygon for their tokenization projects.

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How Will Polygon’s Partnership Impact MATIC’s Price?

Polygon’s partnership with Mirae Asset Securities is expected to strengthen Web 3.0 adoption and potentially result in a price boost for MATIC, Polygon’s native cryptocurrency.

The recent notice of Polygon 2.0, featuring Zero Knowledge L2 chains and whole lot of upgrades, further increases the attractiveness of Polygon for investors like Mirae Asset Securities. MATIC has already shown slight gains in the past 24 hours, possibly influenced by this partnership, and could indicate an upcoming uptrend.

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Technical analysis implies that MATIC is as of now supported at $0.55 and may soon reach the resistance level of $0.57. The Relative Strength Index (RSI) indicates a neutral sentiment between investors, while the Moving Average Convergence/Divergence (MACD) signals a buy opportunity.

Hot Take: MATIC’s Future Looks Promising

With the growing investor sentiment and valuable partnerships like the one with Mirae Asset Securities, MATIC is very likely experience positive price action in the days to come. Keep an eye on this digital currency as it continues  to thrive in the evolving world of tokenized securities.

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Newt Bettec emerges as an intellectual voyager at the intersection of crypto analysis, meticulous research, and editorial mastery. Within the digital labyrinth of cryptocurrencies, Newt’s intellect traverses intricate corridors, resonating with seekers of diverse inclinations. His talent for unraveling complex threads of crypto intricacies seamlessly blends with his editorial finesse, transmuting intricacy into an engaging tapestry of understanding.

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