Sandeep Nailwal Turns into Final Remaining Member of Polygon’s Founding Workforce as Bjelic Exits

Mihailo Bjelic, one of many 4 co-founders of Polygon, is exiting the community.

Bjelic made the announcement on X, “After a lot thought and reflection, I’ve determined to step down from the board of the Polygon Basis, and wind down my day-to-day involvement with Polygon Labs,” he mentioned.

With Bjelic’s exit, co-founder Sandeep Nailwal turns into the final remaining member of the unique founding workforce.

Nailwal acknowledged Bjelic’s contributions to the community and wished him luck for the longer term.

The layer 2 community, which was unique often known as Matic, was fashioned by Jaynti Kanani, Sandeep Nailwal, Mihailo Bjelic and Anurag Arjun.

As of writing, Polygon’s POL is down 5% within the final 24 hours, buying and selling over 23 cents.