The tokenized money market fund will launch on nearly half a dozen new blockchain networks.
Polygon news
AUSD now powers AggLayer on Polygon, optimizing crosschain liquidity and eliminating token bridges.
Polymarket dominates with around $3.3 billion in betting volumes tied to the outcome of the US presidential race.
The US-based prediction market is vying to catch up with industry leader Polymarket.
Institutional interest is increasing thanks to the capital efficiency introduced by restaking and liquid staking.
While Cronje highlights concerns about L2 appchains, others argue that emerging solutions can address these challenges.
The token, SCR, will be distributed through an Oct. 22 airdrop and listed on Binance, Scroll said.
Only 12.7% of Polymarket users have made profits in the prediction market, with most earning less than $100, according to onchain data.