Polygon Acquires Zero-Knowledge Cryptography Firm Toposware
Summary
Polygon Labs acquired Toposware, a blockchain research firm that contributed to developing Polygon’s Type-1 prover. This acquisition is part of Polygon's focus on zero-knowledge (ZK) cryptography to scale Ethereum's blockchain. The purchase of Toposware adds to Polygon's previous acquisitions of Hermez and Mir, with a total investment in ZK teams and technology surpassing $1 billion. The Toposware team will integrate with Polygon’s existing ZK teams to develop AggLayer, Chain Development Kit, and layer-2 zkEVM. The acquisition was valued between $30 million and $50 million.
