Aztec Labs has announced the acquisition of Obsidion, the company behind the privacy verification tool ZKPassport. According to Odaily, the core team from Obsidion will join Aztec Labs to continue the development of ZKPassport and related privacy products.
The announcement states that Obsidion co-founders Michael Elliot and Theo Madzou will be joining Aztec Labs. Details regarding the transaction amount and other terms have not been disclosed. Aztec Labs also emphasized its commitment to maintaining the open-source nature of the ZKPassport protocol and its iOS mobile application, highlighting its dedication to privacy protection and an open ecosystem.