Polygon faces ‘Big L’ as co-founder Mihailo Bjelic steps down
Mihailo Bjelic, co-founder of Polygon, has stepped down from his role but plans to remain involved in the crypto industry. His resignation has been viewed as a significant loss for Polygon, with fellow co-founder Sandeep Nailwal praising Bjelic's impactful contributions. Bjelic's decision to resign follows the past departures of two other founders, Jaynti Kanani and Anurag Arjun, indicating a shift within Polygon Labs. Bjelic emphasized his continued passion for crypto and hinted he would still be present in the field, suggesting potential future activities. His resignation comes amid Polygon's notable partnerships, including collaborations with companies like Jio Platforms and the launch of RealEstate.Exchange. The crypto community has expressed disappointment at his exit, with industry leaders acknowledging his accomplishments and contributions to the success of Polygon, highlighting the challenges ahead as the platform continues to evolve.
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