Jun 4, 01:01 PM

Polygon Labs Acquires Toposware, Boosts Zero-Knowledge Investment to $1 Billion Involving $MATIC, $POL, $ETH

Polygon Labs has acquired zero-knowledge research firm Toposware, increasing its investment in zero-knowledge technology to over $1 billion. The acquisition aims to bolster Polygon's zero-knowledge team and enhance its capabilities in zk-based interoperability. Toposware, known for developing the Type 1 zkEVM, will join Polygon's growing team to further advance zero-knowledge innovations. This move signals Polygon's confidence in its zero-knowledge strategy and accelerates its initiatives in this area. The acquisition involves key cryptocurrencies $MATIC, $POL, and $ETH.

#Polygon Labs #Toposware #Polygon

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