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Ethereum scaling project Polygon, formerly Matic Network, to acquire Hermez Network, developer of ZK-Rollups-based Ethereum scaling tech, in a deal worth $250M

The Block Yogita Khatri

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Discussion

  • @alexisohanian @alexisohanian on x
    This is the first and won't be the last token M&A deal we see... watch this space for more consolidation... https://www.theblockcrypto.com/ ...
  • @cradlesio Cradles on x
    Congrats to @0xPolygon on this #acquisition! A great ZK-Rollups-based Layer-2 scaling solution provides a better environment for the #GameFi developers like @cradlesio! Together with these great projects, #Cradles will accelerate the #layer2 ecosystem! https://www.theblockcrypto.…