Magic Labs Launches 'Newton' for Blockchain Wallet Integration with Polygon's AggLayer
Magic Labs introduces Newton, a new network to enable seamless wallet integrations across multiple blockchains, powered by Polygon’s AggLayer.
Magic Labs, a wallet infrastructure provider, announced its integration with Polygon’s AggLayer to create a network named Newton.
Newton is designed to allow various wallet solutions to connect seamlessly with the AggLayer. The AggLayer is a Polygon initiative aimed at enhancing connectivity between different affiliated blockchains, enabling the free movement of tokens. Magic Labs claims it is the first dedicated network for wallet integration and chain unification.
Newton is currently in a private test phase, aiming to facilitate liquidity sharing among multiple blockchains linked to the AggLayer.
The AggLayer represents one of Polygon’s latest innovations, intended to unify liquidity across numerous blockchains. Any blockchain, irrespective of whether it is developed on Polygon’s technology, can integrate with the AggLayer to gain access to Polygon’s ecosystem.
Since announcing the AggLayer in January 2024, various projects have expressed their intention to collaborate with AggLayer. Notable participants include Movement Labs and Union Labs.
“Chain unification is inevitable — like ACH or SWIFT for crypto,” declared Sean Li, CEO of Magic Labs, in a press release. “Developers can create user-friendly experiences that remove obstacles. Users should focus on transaction cost and speed, not the underlying chain. By removing user experience barriers, we can unlock the most significant applications.”