Polygon co-founder Sandeep Nailwal has been named chairman of the Polygon Foundation, signaling a strategic shift to bolster the platform’s leadership in blockchain innovation. The appointment positions Nailwal to spearhead initiatives across decentralized finance (DeFi), non-fungible tokens (NFTs), and Ethereum scaling solutions.
Under Nailwal’s leadership, the foundation will prioritize leveraging Polygon’s high-throughput infrastructure and low transaction fees to advance DeFi and NFT ecosystems. Key initiatives include enhancing developer tooling, strengthening network security protocols, and forging strategic partnerships to accelerate ecosystem growth and market adoption.
Nailwal’s vision emphasizes promoting interoperability between Polygon’s layer-2 solutions and traditional financial infrastructures. This approach aims to bridge blockchain technology with conventional finance systems, facilitating broader institutional adoption of decentralized applications.
The foundation will intensify research and development investments to address technical challenges including network congestion and energy efficiency. These efforts focus on refining Polygon’s technological stack to support scalable, sustainable blockchain solutions for global users.