According to Odaily, Wave Digital Assets, a digital asset investment advisory firm regulated by the U.S. Securities and Exchange Commission (SEC), has announced the launch of a Polygon yield tool with an initial scale of $30 million. The tool is designed to support protocols and teams on the Polygon zkEVM blockchain, primarily promoting liquidity and Total Value Locked (TVL).
Wave Digital Assets also plans to support promising entrepreneurs deploying on the Polygon zkEVM chain and establishing their diversified communities, such as peer-to-peer exchanges, lending protocols, and stablecoin issuers. The move is part of the company's broader strategy to foster innovation and growth within the blockchain and digital asset space.