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Polygon Cofounder Sandeep Nailwal Takes Over As CEO

  • 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.

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