Over the last few years, Polygon Labs has focused on addressing Ethereum’s scalability issues by developing innovative solutions such as zkEVM. At the center of these efforts is zero-knowledge cryptography. ZK technology makes it possible to verify complex calculations much faster and more efficiently. In this way, while transaction speeds and network capacity are increased, the confidentiality of transactions can also be protected.

Polygon Labs shows its belief in ZK technology not only with its own R&D studies but also with strategic acquisitions. Toposware is the third major zero-knowledge team acquired by Polygon. The experience previously gained through the acquisition of companies named Hermez and Mir will now be combined with the expertise of Toposware. According to CoinDesk’s news in 2021, Hermez and Mir were purchased for high prices of $ 250 million and $ 400 million, respectively. Sources close to the deal state that the value of Toposware is between $30 million and $50 million. With this acquisition, the total amount of Polygon Labs’ investments in ZK teams and technology has exceeded $1 billion.

According to the Polygon Labs press release, the Toposware team will integrate into existing ToM teams. In this way, the focus will be on developing both the AggLayer and Chain Development Kit (CDK) and increasing the capabilities of layer-2 zkEVM. AggLayer aims to increase scalability and transaction speeds by bringing together different blockchains. CDK, on ​​the other hand, allows developers to easily create their own layer-2 blockchains on Ethereum. zkEVM, on the other hand, allows existing smart contracts to be securely ported to zkEVM, allowing developers to continue using existing infrastructure on Ethereum.

Polygon Labs CEO Marc Boiron said in a message to CoinDesk that the Toposware acquisition “is a sign of our continued commitment to building the world’s best ToM research and development team.” Boiron emphasized that ZK technology is at the core of Polygon’s comprehensive strategy and will support initiatives such as creating a leading unified blockchain network with AggLayer, making it easier for developers to launch new L2 chains with CDK, and increasing the scaling and security of DeFi projects with zkEVM. Finally, he stated that ZK technology will also increase the security of Polygon PoS in the future.

This move by Polygon Labs makes it clear that zero-knowledge technology is becoming increasingly important in the blockchain ecosystem. Ethereum’s search for solutions to scalability problems and the difficulties experienced by DeFi projects in transaction speeds and costs increase the interest in ZK technology. With the acquisition of Toposware, Polygon Labs aims to establish a leading position in this field.