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.