Ethereum scaling venture Polygon, previously Matic Community, to accumulate Hermez Community, developer of ZK-Rollups-based Ethereum scaling tech, in a deal value $250M (Yogita Khatri/The Block)

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Yogita Khatri / The Block:

Ethereum scaling venture Polygon, previously Matic Community, to accumulate Hermez Community, developer of ZK-Rollups-based Ethereum scaling tech, in a deal value $250M  —  Fast Take  — Ethereum scaling venture Polygon has acquired Hermez Community for $250 million.  — The 2 initiatives are additionally merging their native tokens.



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