Ethereum scaling project Polygon, formerly Matic Network, to acquire Hermez Network, developer of ZK-Rollups-based Ethereum scaling tech, in a deal worth $250M (Yogita Khatri/The Block)
Ethereum scaling project Polygon, formerly Matic Network, to acquire Hermez Network, developer of ZK-Rollups-based Ethereum scaling tech, in a deal worth $250M (Yogita Khatri/The Block) https://bit.ly/2VPrkI2
Yogita Khatri / The Block:
Ethereum scaling project Polygon, formerly Matic Network, to acquire Hermez Network, developer of ZK-Rollups-based Ethereum scaling tech, in a deal worth $250M — Quick Take — Ethereum scaling project Polygon has acquired Hermez Network for $250 million. — The two projects are also merging their native tokens.
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