Sandeep Nailwal’s Polygon takeover is his chance to ‘go all in’

Description

Co-founder and new CEO Sandeep Nailwal opens up about dissolving Polygon’s board, closing zkEVM and why claiming sole leadership is the network’s best shot at relevance.

Authors

Yohan Yun

Publish date

June 18, 2025

Publisher

Cointelegraph

Web URL

https://cointelegraph.com/news/polygon-sandeep-nailwal-inside-decision

Referenced by

Jordi Baylina launches Zisk after zkVM project ends at Polygon

Crypto news

News story

Now under his sole leadership, the Ethereum scaling project will sunset its zkEVM chain and focus on real-world assets (RWAs) and stablecoin payments through Polygon PoS while using its AggLayer to pursue its dream of building the internet of blockchains.

Crypto news

Quote

The Polygon Foundation was overseen by a board — a model that has now been dissolved, leaving Nailwal as the sole decision-maker.

Crypto news

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