Sandeep Nailwal believes the SEC dropping its investigation into MATIC (now POL) has restored confidence among market makers which should increase liquidity of POL tokens
News event
Claim
Event date
June 11, 2025
Quotes that support claims
"The SEC has dropped its investigations and lawsuits related to MATIC as a security, which should have never existed given the nature of MATIC (and now POL)," he wrote. "We are excited to see several large market makers coming back to the table in recent days to make markets in POL that strengthens the liquidity of POL on exchanges globally."
Nailwall believes that now that the SEC has dropped its investigations and cases against MATIC (now POL) as a security, it has opened the opportunity for “large market makers to come back to POL,” which strengthens the liquidity of the POL token on exchanges.
Tags
06/11/2025
Week 24 of 2025
Referenced by
Polygon token and ecosystem
Crypto news
Data block