Polygon Labs Selected to Tokenized Asset Coalition

Polygon Labs is one of 15 new members to join the organization that aims to drive more than $1 trillion in assets onchain

Polygon Labs
January 16, 2024
Image source: Dribbble

Today Polygon Labs is proud to announce that it has been selected to join the Tokenized Asset Coalition (TAC). The TAC welcomed 16 new members, including Polygon Labs, into its ranks from more than 300 applicants. 

The Tokenized Asset Coalition champions the adoption of public blockchains, asset tokenization and institutional DeFi to dramatically alter the way capital is formed, invested and managed onchain, paving the way for a more open, fair and transparent system for investors.

By joining the Tokenized Asset Coalition, Polygon Labs aligns itself with a shared vision for a more open, fair, and transparent financial system and proactively shaping the future of onchain finance.

Over the years, Polygon Labs has contributed to the tokenized assets industry in a number of ways, including in collaborating with and onboarding contributors like JPMorgan, Franklin Templeton, Hamilton Lane, FIS, Securitize, and Ondo Finance just to name a few.

Polygon Labs brings a unique perspective to the TAC based on its experience providing one of the few global, premier, enterprise-level platforms for mass adoption of blockchain technology by Tier-1 organizations. The Polygon brand will add to the already impressive list of members and help the TAC gain the scale it needs to become a central player in the industry’s transition to the mainstream.

As a new member of the TAC, Polygon Labs will focus on building the most secure, institutional-grade scaling solutions based on zero knowledge technology as a key contributor toward the eventual goal of making the global financial industry run on blockchain rails.

Learn more about the Tokenized Asset Coalition, tune into the Polygon Labs blog and our social channels to keep up with updates about the Polygon ecosystem.

Together, we can build an equitable future for all through the mass adoption of Web3.

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