$MATIC

Major funding for #Polygon labs.

Polygon Labs acquires Toposware, bringing its total investment in ZK technology to $1 billion.

With this acquisition, eleven Toposware engineers will join the ZK development teams already present at Polygon.

ZK technology allows one party to prove to another that a statement is true without revealing additional information. In the blockchain context, this improves privacy by allowing transactions to be validated without revealing their details.

This is not financial advice, do your research carefully, STAY INFORMED.