Polygon’s Miden Locks $25M War Chest—Wall Street’s Next Privacy Play?
Zero-knowledge proofs meet institutional adoption as Polygon’s spin-off Miden lands major funding. The pitch? Enterprise-grade privacy at blockchain speeds—because banks still think encryption is ’cutting edge.’
Behind the hype: Miden’s virtual machine could finally make private smart contracts viable for TradFi dinosaurs. Just don’t ask how they’ll explain ZK-rollups to shareholders.
The cynical take: Another nine-figure blockchain round where ’institutional adoption’ means hedge funds front-running the same tech they’ll lobby against in 2026.