ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/sandeep-nailwal” target=”_blank”>Sandeep Nailwal, cofounder of ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/blockchain” target=”_blank”>blockchain firm Polygon, will take over as the chief executive officer of ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/polygon-foundation” target=”_blank”>Polygon Foundation, which includes ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/polygon-labs” target=”_blank”>Polygon Labs, as the company undergoes restructuring.
The company, which was started in 2017 to solve the scaling issues of blockchain ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/ethereum” target=”_blank”>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 ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/polygon” target=”_blank”>Polygon Labs. The company had strengthened its US team, which created friction…
