In a big announcement, Polygon, the Layer-2 blockchain platform, has appointed Sandeep Nailwal as the new CEO of the Polygon Foundation.
As CEO, Sandeep Nailwal will be in charge of setting the Foundation’s long-term plans and helping important projects in the Polygon ecosystem succeed.
He will also make sure the Foundation, which oversees Polygon Labs and other teams, focuses on growing faster, staying on track, and creating more value for users, apps, and POL token holders.
“At our beginnings, Polygon was all about bold execution and big goals. During 2021–23, we made a real effort to institutionalise the project by onboarding some amazing people as co-founders, setting up a board, and undergoing a period of intense tech research and exploration. Now, it is time to again move fast, aggressively, and with full conviction and focus,” said Sandeep Nailwal.
As Sandeep Nailwal steps into his new role at the Polygon Foundation, Marc Boiron will become the CEO of Polygon Labs. He will continue leading the company’s overall strategy and operations.
Other leadership changes include Mudit Gupta becoming the new Chief Technology Officer and Ryan Niedzialek, a long-time Polygon Labs team member, taking on the role of Chief Operating Officer. He will manage business development, partnerships, and key operations.
The company said making Nailwal the CEO officially shows the important leadership role he has been doing. Now, he will have more control over day-to-day operations.
It also shows the company’s renewed focus on bringing more value to developers, users, and POL token holders in the Polygon community.
By April 2025, Polygon had helped process $514 billion in stablecoin transactions. It also supports tokenized products from big companies like BlackRock, Apollo, and JPMorgan.
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