Polygon Co-founder: BlackRock BUIDL Fund invests $500 million in Polygon
Sandeep Nailwal, co-founder of Polygon, stated on X platform that the BUIDL Fund from BlackRock invested $500 million in Polygon at once.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Hyperliquid News Today: Memecoin Landscape Changes: Shiba Inu Faces Uncertainty While GGs Gain Momentum Through Utility
- Shiba Inu (SHIB) faces mixed short-term forecasts in October 2025, with analysts predicting either a $0.0000072 dip or a 30% rebound to $0.00001299. - New memecoin GGs ($0.0086 presale) gains traction with utility features like gaming rewards and staking, attracting former SHIB holders. - Market shifts toward utility-driven memecoins as projects like GGs blend community hype with functional ecosystems, contrasting SHIB's speculative legacy. - SHIB's long-term potential remains uncertain despite bullish 2

x402 Protocol Experiences 8,218% Trading Surge: PING's Speculative Rally Compared to Meme Coin Cautions
- Coinbase's x402 protocol saw 8,218% trading volume surge after PING token launch, with 163,600 transactions in 7 days. - PING's market cap hit $33M rapidly, driving 1.5M% new buyer growth and spillover effects across x402-based tokens. - Analysts compare PING to meme coins, warning of speculative risks despite its 802% single-day price surge and $13M trading volume. - Coinbase's open-source strategy boosted Base ecosystem growth, with CLANKER and VIRTUAL tokens reaching $55M and $4.2B market caps.
U.S. Inflation Signals Possible Fed Interest Rate Cut

Traders Increase Bets on Additional Fed Rate Cuts

