14 hours ago
Polygon, initially known arsenic Matic, was founded by Jaynti Kanani, Sandeep Nailwal, Mihailo Bjelic, and Anurag Arjun.
May 24, 2025, 7:07 a.m.
Mihailo Bjelic, 1 of the 4 co-founders of Polygon, is exiting the network.
Bjelic made the announcement connected X, "After overmuch thought and reflection, I’ve decided to measurement down from the committee of the Polygon Foundation, and upwind down my day-to-day engagement with Polygon Labs," helium said.
With Bjelic's exit, co-founder Sandeep Nailwal becomes the past remaining subordinate of the archetypal founding team.
Nailwal acknowledged Bjelic's contributions to the web and wished him luck for the future.
The furniture 2 network, which was archetypal known arsenic Matic, was formed by Jaynti Kanani, Sandeep Nailwal, Mihailo Bjelic and Anurag Arjun.
As of writing, Polygon's POL is down 5% successful the past 24 hours, trading implicit 23 cents.
Parikshit Mishra
Parikshit Mishra is CoinDesk's Regional Head of Asia, managing the editorial squad successful the region. Before joining CoinDesk, helium was the EMEA Editor astatine Acuris (Mergermarket), wherever helium dealt with copies related to backstage equity and the startup ecosystem. He has besides worked arsenic an Senior Analyst for CRISIL, covering the European markets and planetary economies. His astir notable tenure was with Reuters, wherever helium worked arsenic a analogous and an exertion for assorted teams. He does not person immoderate crypto holdings.
English (US) 