P2 Ventures Commits $50M Via Hadron FC to Startup Founders in Polygon Ecosystem

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Bradley Keoun is the managing editor of CoinDesk's Tech & Protocols team. He owns less than $1,000 each of several cryptocurrencies.

P2 Ventures, a blockchain-focused venture capital firm spun out late last year from developer Polygon Labs, has committed $50 million to support startup founders in a move that could kindle new projects in the Polygon ecosystem.will go to founders through Hadron FC, a founder program with campuses in Dubai and New York, according to a press release.

The announcement"signals our confidence in Hadron Club's unmatched ability to fuel the ambitions of visionary founders within the Polygon ecosystem," said Shreyansh Singh, head of investments at P2 Ventures.in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.

 

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