Polylastic Secures Support From DWF Labs Ahead of Index Launch
Digital finance index protocol, Polylastic, has raised 7 figures in fresh funding from DWF Labs ahead of the launch of its index. The public launch of the Polylastic index is slated for late May. The long-term financial support provided by DWF Labs is a welcome development as Polylastic looks to build out its ecosystem.
The initial release of the Polylastic index will include several index baskets offerings, such as DeFi, Blue Chip, NFT/Gaming, and a community-driven DAO fueled by Polylastic’s native token, POLX.
Financial support provided by DWF Labs will be designated for specific items in Polylastic’s roadmap, including artificial intelligence (AI) integration, multichain capabilities, and additional index features. DWF Labs’ support not only positions the Polylastic platform for solid growth and adoption in the digital finance ecosystem but also serves as a testament to the potential of its innovative index protocol and long-term vision, which offers a unique and compelling approach to cryptocurrency investment.
“We are thrilled to have the support of the DWF Labs team to help focus on growing the Polylastic ecosystem, lending their invaluable expertise and financial support to upcoming iterations of the index and associated initiatives. This partnership marks a major milestone for Polylastic, and we can’t wait to see the transformative impact it will have on the digital finance landscape.” — VJ Ibones, Founder, Polylastic.
In addition to providing financial support for development, the backing from DWF Labs will allow Polylastic to establish new partnerships and accelerate the growth of its ecosystem. This will help expand the offerings available to network participants and cement Polylastic’s status as a leading player in the digital finance space. With the support of DWF Labs, Polyastic is well-positioned to continue its growth and become a leading provider of digital asset indexes. The company is committed to providing users with the tools they need to invest in digital assets with confidence.
About Polylastic
Polylastic, powered by the POLX token, introduces a comprehensive set of digital asset indexes. POLX token holders are able to access diversified crypto portfolios and vote on various measures pertaining to the project. The indexes offered are designed to track token performance across the ever-evolving digital finance industry.
