Polygon co-founder Jordi Baylina has officially launched Zisk, a new independent venture focused on advancing zkVM verification technology. This strategic move follows the Polygon Foundation’s decision to phase out its underutilized Zero-Knowledge Proof EVM network. Initially incubated within Polygon Labs since May 2024, Zisk completed its spin-off on June 13, transferring all related intellectual property and the core zkEVM team to SilentSig GmbH, a Swiss entity fully owned by Baylina. Despite the transition, Baylina continues to hold his role as Polygon co-founder and will provide advisory support.
In parallel, Polygon’s CEO and co-founder Sandeep Nailwal announced a strategic shift to discontinue the zkEVM chain. The Foundation plans to redirect resources towards enhancing the Polygon PoS network and accelerating development of the AggLayer cross-chain aggregation protocol. This realignment underscores Polygon’s commitment to optimizing scalability and interoperability within its ecosystem, reflecting a pragmatic approach to resource allocation and technological innovation.