🚨#POLYGON SPIN-OFF Miden RAISES $25M FOR ZK-BLOCKCHAIN

🔹Miden, a Polygon spin-off, raised $25M seed to build Edge, a ZK-powered, privacy-focused blockchain.

🔹Backers include a16z crypto, 1kx, Hack VC, and angels from Aptos, EigenLayer, and Sky (ex-MakerDAO).

🔹Seed round structured as SAFE with token warrants (2:1 equity-to-token ratio).

🔹Token + mainnet launch set for Q4 2025 with ~10% token airdrop to POL holders.

🔹Aims to combine scalability, privacy, and UX via edge devices (client-side execution).

🔹Will support use cases like DarkPools, OTC trading, compliant mixers, and later target institutions & nation-states.

🔹Part of Polygon’s AggLayer Breakout Program; team of 17, mostly ex-Polygon.$POL