Miden Breaks Free From Polygon Labs—$25M War Chest Fuels New Layer 2 Ambitions
Another day, another blockchain spinout—this time it’s zero-knowledge virtuoso Miden ditching Polygon’s nest to go solo. The team just bagged $25 million from investors who apparently believe the world needs yet another Ethereum scaling solution.
Building a zk-STARK fortress: Miden’s custom VM promises faster, cheaper transactions while (theoretically) keeping things decentralized. Because nothing says ’scalability’ like adding more layers to the layer-2 lasagna.
VCs are placing bets: The funding round was led by—who else?—crypto’s usual suspects chasing the next big infrastructure play. Because when in doubt, throw money at anything with ’zk’ in the whitepaper.
The real test comes when mainnet launches later this year. Will Miden’s tech differentiate itself in the crowded rollup arena, or become another line item in Grayscale’s zombie-chain graveyard?
