After a successful incubation period, we’re thrilled to announce Miden has spun out of Polygon Labs with a $25M seed, led by @a16zcrypto, @1kxnetwork, and @hack_vc.

Miden will continue building their ZK-powered “edge” blockchain, where both state and execution happen on the client-side, unlocking previously-impossible design space for builders. The team has indicated a plan to airdrop a portion of their native tokens to POL stakers, as well as integrate @Agglayer.