Polygon Labs Acquires Toposware

Twitter icon  •  Published 1 month ago  •  Hassan Maishera

The Polygon Labs team announced via a blog post on Tuesday that they have acquired Toposware, a zk innovation and technology firm.

The Polygon Labs team announced via a blog post on Tuesday that they have acquired Toposware, a zk innovation and technology firm. The acquisition comes after Toposware helped develop the Type 1 zkEVM.

With this acquisition, the Toposware team is integrating with the existing Polygon ZK development teams to further drive innovation across all technological fronts, including the AggLayer, Polygon CDK, Polygon zkEVM, and eventually Polygon PoS, pending community approval, to an upgrade as a ZK validium.

Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. MATIC is up by 1% in the last 24 hours and is currently trading at $0.7146.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.