Polygon Expands Zero-Knowledge Expertise with Acquisition of Toposware

Zero-Knowledge Cryptography Acquisition

Sources close to the deal revealed that Polygon has acquired Toposware, a significant player in zero-knowledge cryptography. The company's expertise in this field adds value to Polygon's portfolio and reinforces its focus on privacy-centric solutions.

Strategic Investment

The acquisition of Toposware comes at a valuation of $30-50 million, signaling Polygon's commitment to expanding its zero-knowledge capabilities. This move is part of Polygon's broader strategy to invest heavily in research and acquisitions, with over $1 billion allocated to zero-knowledge technologies.