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.