According to Foresight News, blockchain interoperability developer Union Labs is planning to integrate with AggLayer to facilitate interoperability between the Polygon and Cosmos ecosystems and their Inter-Blockchain Communication (IBC). AggLayer is a blockchain aggregation layer launched by Polygon Labs this year, with a focus on unifying liquidity.
In November 2023, Union Labs secured $4 million in seed funding, led by Galileo, Semantic Ventures, Tioga Capital, and Nascent. Other investors included Lightshift and Chorus One. Union Labs plans to launch its mainnet later this year.