Polymath shuts down 2 projects, resulting in at least 10 layoffs

Polymath ($POLY), a security token platform, announced on Thursday its plans to shut down two initiatives, which results in at least 10 layoffs. As part of the announcement, Ploymath clarified that it would continue its core work on Ethereum and its flagship Polymath Token Studio, which Polymath said had "enabled the creation of more than 130 security tokens."

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