Today we’ve added support for Polygon, a layer-2 protocol for Ethereum scaling and infrastructure development. 

Polygon aims to provide a modular, flexible framework for building and connecting blockchains; the solution has seen widespread adoption, with 400+ Dapps, ~350 million transactions, and 1.5 million unique users worldwide.

Fireblocks supports over 500 tokens and 20 protocols, and we’re adding new integrations every quarter. Check the full list of tokens available on the Fireblocks platform here.

Secure institutional access to Polygon (MATIC)

Now you can securely access Polygon with Fireblocks and interact with Polygon-based DeFi applications through Fireblocks’ DeFi gateways. With Fireblocks’ REST API, you can also launch MATIC token support for retail customers and users.

“Integrating with Fireblocks will help Polygon achieve our goal of providing a simpler and more secure DeFi experience to a wide variety of crypto users,” said Polygon co-founder Jaynti Kanani. “Through Fireblocks, Polygon will gain institutional access to 400+ of the world’s top financial organizations.”

About Polygon

Blockchains like Ethereum and BTC offer security & decentralization, but can have difficulty scaling. This means some blockchains operate slowly or have high transaction fees when at peak activity. 

Polygon is a layer-2 scaling solution that aims to enable instant, low-cost and secure transactions on Ethereum. Polygon was built to help Ethereum projects scale by utilizing a multitude of sidechains for secure, off-chain computation.[1]

The MATIC token is Polygon’s native asset. MATIC can be staked by Polygon validators, who keep the network running in exchange for rewards. All MATIC token holders that stake on the Polygon network also can participate in governance of the network.

Vocal supporters of the blockchain include Mark Cuban, who said he is an “active user” of Polygon and “wants to integrate Polygon into his NFT gallery.”[2]


[1] Coindesk, “DeFi Projects Continue Flocking to Layer 2 Solution Polygon”

[2] The Ascent, “Why Mark Cuban Likes Cryptocurrency Polygon”