Web3 protocol Polytrade bags funding to integrate DeFi with traditional finance
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Web3 protocol Polytrade has raised $3.8 Mn in a seed round led by Alpha Wave, Matrix Partners, Polygon Ventures and CoinSwitch Ventures. The round also saw the participation of Singularity Ventures, GTM Ventures and other notable angels. Polytrade intends to utilise the raised funds to grow its product suite, concentrate on the marketing and enter other markets in Latin America and Europe.