Investing in Polymer

PIONEERING BLOCKCHAIN INTEROPERABILITY

The blockchain ecosystem is evolving rapidly, with an increasing number of Layer 2 solutions emerging to address scalability challenges. However, these advancements bring new complexities related to interoperability, standardization, and composability across different blockchain networks. Polymer Labs is at the forefront of solving these issues by creating a modular, open, and permissionless interoperability layer for blockchain networks.

WHY WE INVESTED IN POLYMER

Polymer is building a Layer 2 solution that leverages the Inter-Blockchain Communication (IBC) Protocol and the Optimism Stack to serve as Ethereum’s Interoperability Hub. This innovative platform aims to connect billions of dollars in value across various rollups and blockchain networks, enabling seamless communication and data exchange between them.

Polymer addresses the critical need for a standardized, secure, and scalable interoperability solution within the Ethereum ecosystem. By adopting the battle-tested IBC protocol from the Cosmos ecosystem, Polymer ensures that different blockchains can securely transfer information and assets, minimizing the risks associated with fragmented liquidity and user friction.

The blockchain interoperability market is poised for significant growth, driven by the increasing demand for cross-chain solutions in decentralized finance (DeFi), NFTs, and real-world asset tokenization. Polymer’s approach to creating a modular interoperability hub is designed to cater to these emerging needs, making it a key player in the future of blockchain technology.

Polymer’s team is composed of industry veterans with extensive experience in distributed systems, drawn from leading tech companies such as Google, Citadel, Coinbase, and Amazon. This diverse expertise positions Polymer to innovate and lead in the rapidly evolving blockchain space.

Key Team Members: 

  • Peter Kim – Co-Founder
    Peter brings deep technical expertise and leadership experience from his tenure at top tech companies, driving Polymer's vision to establish a new standard for blockchain interoperability.
  • Bo Du – Co-Founder
    Bo’s background in blockchain and his focus on developing robust interoperability solutions have been instrumental in Polymer’s development and growth.

Polymer is supported by a strong network of investors, including Blockchain Capital, Maven 11, and Coinbase Ventures, who share our belief in the transformative potential of Polymer’s technology. The recent $23 million Series A funding round will enable Polymer to further develop its protocol, expand its ecosystem, and accelerate the adoption of its interoperability solutions.

We are excited to support Polymer as they work towards creating a more interconnected and scalable blockchain ecosystem, providing the infrastructure necessary for the next generation of decentralized applications.

For more information about Polymer and to explore potential opportunities, please visit Polymer’s website.