Newton’s testnet went live on Polygon’s AggLayer, promising a cross-chain solution for smart wallets.
Magic Labs and Polygon Labs announced a cross-chain smart wallet as protocols move to address liquidity fragmentation in the blockchain space.
According to a Nov. 7 announcement, the companies launched the Newton testnet — a wallet solution for the cross-chain settlement layer AggLayer. The solution promises to enable liquidity sharing across multiple blockchains, “like how HTML or HTTP introduced standards to create a seamless internet experience.”
Newton is built with Polygon CDK — or cloud development kit — and plans to offer chain-abstracted smart wallets, free tooling, access to global liquidity, and cross-chain launches from “a single command line.”
