ChainCatcher reported that Polymer Labs, an interoperability L2 project focused on the IBC protocol, released an image with a specific date (June 10) accompanied by the caption "Something is about to happen." The community speculates that a Token Generation Event (TGE) might take place. In January last year, the IBC infrastructure project Polymer Labs completed a $23 million Series A funding round, led by Blockchain Capital, Maven 11, and Distributed Global, with participation from Coinbase Ventures, Placeholder, Digital Money Group, NorthIsland Ventures, and Figment Capital.