Matter Labs Nets $200M to Build zkSync Ethereum Scaling Platform

Matter Labs Nets $200M to Build zkSync Ethereum Scaling Platform


Other companies in addition to Matter Labs, like the research-oriented Scroll platform and the Ethereum juggernaut Polygon, are progressing on their own ZK-rollup platforms. Together, these firms represent the first cohort of a new class of so-called zkEVMS – ZK rollups which, unlike past applications of the technology (including an older version of the zkSync network), will be able to support virtually any program that runs on Ethereum.

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