Polygon’s MATIC Token Jumps After 21Shares ETP Listing

Posted on by American Coins & Gold

Polygon’s MATIC Token Jumps After 21Shares ETP Listing
“Layer 2″ blockchain project Polygon’s MATIC token is up 16% in the last 24 hours after crypto exchange-traded product (ETP) issuer 21Shares announced it’s listing a product linked to the cryptocurrency’s performance on Euronext exchanges in Paris and Amsterdam.Layer 2 products work on top of primary blockchains to speed up transactions. Polygon aims to solve the scalability issues on the Ethereum network, which has suffered from congestion and high fees.The new listings for the 21Shares ETP, which the company says is Europe’s first product linked to MATIC’s performance, comes after it was unveiled on the SIX Swiss Exchange last month.At…