Polygon Labs builds scaling infrastructure for Ethereum, offering a suite of solutions that help developers deploy faster and cheaper blockchain applications. Originally launched as Matic Network in 2017 by Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun in India, the project rebranded to Polygon in 2021 to reflect its expanded vision beyond a single sidechain.
The Polygon PoS chain became one of the most widely used Layer 2 networks, processing millions of daily transactions at a fraction of Ethereum’s gas costs. Major brands including Starbucks, Nike, and Reddit chose Polygon for their Web3 initiatives, drawn by its low fees and compatibility with Ethereum’s tooling.
In recent years, Polygon Labs has shifted its focus heavily toward zero-knowledge (ZK) technology. The company acquired several ZK-focused teams, including Hermez and Mir Protocol, spending over $1 billion on ZK-related acquisitions. The result is Polygon zkEVM, a ZK-rollup that aims to provide Ethereum-equivalent security with dramatically lower costs.
The team also introduced Polygon CDK (Chain Development Kit), which lets anyone spin up their own ZK-powered Layer 2 chain connected to Polygon’s ecosystem. This “network of networks” approach positions Polygon as infrastructure for an interconnected web of application-specific chains rather than a single monolithic network.
Polygon Labs employs several hundred people across offices in multiple countries, with a particularly strong engineering presence in India. The MATIC token (transitioning to POL) serves as the native token across Polygon’s various networks.
