Union Labs team (Union Labs)

Union Labs Plans Polygon-to-Cosmos Bridge with New AggLayer Integration

Summary

Union Labs, a blockchain interoperability project, plans to integrate with AggLayer, a decentralized service by Polygon Labs that enables liquidity sharing among connected networks. This integration could strengthen the connection between Polygon, a major Ethereum scaling network, and the Cosmos blockchain ecosystem, including its Inter-Blockchain Communication Protocol (IBC). The integration will facilitate greater liquidity access and movement between AggLayer-connected chains and IBC-enabled chains. Union Labs, which raised $4 million in November, is preparing for its mainnet launch later this year.