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Latham & Watkins Advises Polygon Labs in Acquisition of Toposware

June 14, 2024
Firm represented the technology company in acquisition to help pioneer next wave of ZK technology.

Polygon Labs, the blockchain technology and Ethereum scaling solution company, and has announced the acquisition of Toposware, leading ZK engineering startup, to help pioneer the next wave of ZK technology. The Toposware team is integrating with the existing Polygon ZK development teams to further drive innovation across all technological fronts, including the AggLayer, Polygon CDK, Polygon zkEVM, and eventually Polygon PoS, pending community approval, to an upgrade as a ZK validium. That means bringing their collective ZK talent, knowledge, and engineering to advance Polygon.

Latham & Watkins LLP advised Polygon Labs in the transaction with an Emerging Companies & Growth team led by Bay Area partners Ben Potter and Saad Khanani, with associates Chris Cruickshank and Taleah Tyrell. Advice was also provided on tax matters by Bay Area partner Kirt Switzer, with associate Jake Meninga; on benefits and compensation matters by Bay Area partner Ashley Wagner, with associate Julia Lee; on financial regulatory and securities law matters by New York partners Jenny Cieplak and Stephen Wink, with associate Hank Balaban; on IP matters by Los Angeles partner Ghaith Mahmood, with associate Nick Goshgarian; and on data privacy matters by Houston/Austin counsel Robert Brown, with associate Zac Alpert.