Golden Finance reported that Polygon has launched the first phase of zkPoS, aiming to connect Polygon PoS with AggLayer. zkPoS Phase 1 adopts a brand new ZK verifier supported by the Plonky3 proof system from Succinct Labs, enabling AggLayer to verify network consensus. After integration, AggLayer's TVL will increase by more than 20 billion US dollars. Polygon plans to propose a formal PIP in the autumn and intends to deploy the connection between Polygon PoS and AggLayer by the end of this year. This is part of the long-term strategy to transition Polygon PoS to zkEVM Validium.

PANews reported on April 3 that according to Bloomberg, according to people familiar with the matter, Tiger Global Management raised about $2.2 billion for its latest venture capital fund, far below the target of $6 billion and the smallest amount raised in nearly a decade. Last week's final closure of the Private Investment Partners 16 fund (PIP 16) marked the first time that Tiger Global's venture capital fund had raised less money than in previous years. Tiger Global's last $12.7 billion fund was its largest ever. Now, Tiger Global is facing the toughest fundraising environment in years, and investors have become more cautious about VC and private equity investments as valuations have slipped and deals dried up, the report said. PIP 16 will primarily support start-ups in the enterprise technology sector, with a focus on the US and India, with multi-year investments. PIP 16 has been on the market for about 18 months, longer than the company typically needs to lock in cash. A person familiar with the matter said the company delayed the final closing time, in part to give investors more time to accept the transition from former venture capital head Shleifer. Some clients also require longer time to sort out internal budgets. It is reported that in November last year, the company announced that founder Chase Coleman would succeed Scott Shleifer, head of venture capital, who resigned from his position to become a senior adviser.