Polygon Co-Founder Exits as Diverging Visions Spark Leadership Shakeup

Mihailo Bjelic, co-founder of Polygon, has stepped down from his roles within the project’s leadership and foundation board. This departure marks the third such exit for Polygon this year, leaving Sandeep Nailwal as the sole active co-founder. Bjelic’s reasons for leaving are attributed to a divergence in vision as the project matured, reflecting a shift in strategic direction. 2023 has witnessed a significant restructuring of Polygon’s leadership team, impacting investor confidence and market dynamics.