Mihailo Bjelic’s departure from Polygon comes during a period of rapid growth and strategic transformation for Polygon, including token upgrades and major partnerships.

Quotes that support claims

In late 2024, Polygon initiated a token migration as part of its 2.0 roadmap, swapping MATIC tokens for POL on a 1:1 basis.

Just two months before [May 2025], on Jan. 16, Jio Platforms, an Indian mobile network operator owned by Asia’s richest person, Mukesh Ambani, partnered with Polygon Labs to upgrade some of its existing offerings with Web3 and blockchain capabilities