According to Foresight News, the co-founder of Polygon, Jordi Baylina, and the team behind Polygon zkEVM have become an independent company called Zisk. This new company will focus on developing open-source, low-latency zkVM proof technology. Blockchain validators are used to validate transactions or data on-chain without revealing underlying information. Information from the Zisk website indicates that the project was incubated within Polygon Labs in May 2024 and became independent on June 13.
Previously, the Polygon Foundation underwent a leadership restructuring, with co-founder Sandeep Nailwal taking over as CEO. Nailwal outlined plans to discontinue the zkEVM chain and redirect resources towards Polygon PoS and the cross-chain aggregator Agglayer.