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India-based Polygon acquires ZK-rollups startup Mir, for $400 million
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ambcrypto.comIndia-based crypto platform Polygon has acquired zero-knowledge technology developer Mir for US$400 million. Polygon announced in a post,
“The Mir team is now joining Polygon in order to utilize this groundbreaking technology and build our new project – Polygon Zero, a highly-scalable, Ethereum-compatible ZK Rollup.”
The maximum amount committed for this deal stands at $100M and 190M $MATIC tokens, which at the date of deal closure is close to $400M based.
<p lang=«en» dir=«ltr» xml:lang=«en»>Thank you all for joining #polygonzkday.The event is now over but our #ZK journey has only just begun or as @MihailoBjelic said “We are just getting started at #Polygon”.
There is a lot more to come, so stay tuned!
— Polygon | $MATIC – We're hiring!
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