Polyhedra achieved a $1 billion valuation in March 2024 after securing a $20 million strategic funding round led by Polychain Capital with Animoca Brands and Hashkey Capital also participating.

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Sunday's crash represents a precipitous decline for a project that in March 2024 attained a $1 billion valuation following a $20 million strategic funding round. Polychain Capital led the round, with Animoca Brands and Hashkey Capital also participating.