<ul data-eligibleForWebStory="true">Sandeep Nailwal, co-founder of blockchain startup Polygon, is set to become the CEO of Polygon Foundation.Polygon Foundation oversees Polygon Labs and other entities, with Nailwal aiming to provide clear direction and focused execution.The move comes as Nailwal believes in Polygon's vision and notes the organization's healthy treasury.Nailwal, along with others, founded Polygon in 2017, focusing on layer 2 scaling, DeFi, gaming, and NFTs.Apart from Polygon, Nailwal has also co-founded Sentient Foundation, a San Francisco-based company working on decentralized AI.Marc Boiron will continue to lead Polygon Labs as its CEO.Nailwal's takeover is part of Polygon's strategy to maintain long-term growth without distractions.The article mentions the information will be updated soon.