Polygon has named co-founder Sandeep Nailwal as its new Chief Executive Officer, tasking him with leading the development and expansion of Aggregated Layer 2 (AggLayer) applications.
The appointment aims to drive innovation and scaling operations, with Nailwal focusing on enhancing transaction throughput while reducing network costs through AggLayer technology.
This strategic move underscores Polygon’s commitment to strengthening its blockchain ecosystem position via advanced scalability solutions.
The leadership transition is expected to significantly influence Polygon’s direction within decentralized finance (DeFi) and Web3 sectors.