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 popular blockchain network. This collaboration aims to accelerate the adoption of Web3 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 also includes other financial companies, 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.

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

Polygon’s partnership with Mirae Asset Securities is expected to enhance Web3 adoption and potentially result in a price boost for MATIC, Polygon’s native cryptocurrency.

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The recent announcement of Polygon 2.0, featuring Zero Knowledge L2 chains and significant 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.

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

Hot Take: MATIC’s Future Looks Promising

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

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