Polygon cofounder Sandeep Nailwal takes over as CEO amid restructuring

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Sandeep Nailwal, cofounder of blockchain firm Polygon, will take over as the chief executive officer of Polygon Foundation, which includes Polygon Labs, as the company undergoes restructuring.

The company, which was started in 2017 to solve the scaling issues of blockchain Ethereum, has been facing challenges in the last couple of years. It saw the exodus of co-founders, Jayant Kanani, Anurag Arjun, and Mihailo Bjelic, along with the exit of Ryan Wyatt, former CEO of Polygon Labs. The company had strengthened its US team, which created friction…



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Polygon cofounder Sandeep Nailwal takes over as CEO amid restructuring


Sandeep Nailwal, cofounder of blockchain firm Polygon, will take over as the chief executive officer of Polygon Foundation, which includes Polygon Labs, as the company undergoes restructuring.

The company, which was started in 2017 to solve the scaling issues of blockchain Ethereum, has been facing challenges in the last couple of years. It saw the exodus of co-founders, Jayant Kanani, Anurag Arjun, and Mihailo Bjelic, along with the exit of Ryan Wyatt, former CEO of Polygon Labs. The company had strengthened its US team, which created friction…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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