Polygon has appointed its co-founder, Sandeep Nailwal, as CEO of the Polygon Foundation.
This move signals a strategic shift aimed at streamlining decision-making and fast-tracking the expansion of AggLayer, Polygon’s interoperability protocol.
⚡NEW: #Polygon co-founder Sandeep Nailwal is now the CEO of the Polygon Foundation.
Under Nailwal’s leadership, Polygon plans to:
▪️Wind down zkEVM by 2026.
▪️Double down on their PoS sidechain & @Agglayer.
▪️Aim for exponential growth and #Ethereum scaling dominance. pic.twitter.com/EsBPtziew7— The Crypto Times (@CryptoTimes_io) June 11, 2025
Nailwal’s appointment comes at a time when the blockchain industry faces mounting competition and rapid technological advancements. In an interview with Bloomberg, Nailwal explained that the foundation’s previous decentralized and institutionalized decision-making processes had slowed operations. By stepping in as CEO, he aims to inject agility and focus into Polygon’s core initiatives.
Under Nailwal’s leadership, Polygon will concentrate its efforts on scaling AggLayer, which serves as the interoperability layer connecting various blockchains. This focus is driven by growing concerns within the Ethereum community over its reliance on Layer 2 solutions like Polygon for scaling. Nailwal has made it clear that projects outside the AggLayer ecosystem or not aligned with digital payments and real-world asset integration will be either spun out or discontinued.
AggLayer version 0.3 is expected to launch by the end of 2025, with the foundation working to solidify the protocol’s position under the Polygon brand.
To further support the AggLayer ecosystem, Polygon recently launched the AggLayer Breakout Program. This incubator initiative provides funding and resources to projects building on AggLayer and the Polygon PoS network. Notably, the Katana Network, a participant in the program, launched its private mainnet on May 28, aiming to enhance liquidity and yield opportunities within the AggLayer ecosystem.
This leadership change and renewed focus come as the broader blockchain industry seeks scalable, interoperable solutions. Polygon’s efforts to streamline operations and prioritise AggLayer reflect a broader trend of consolidation and specialisation among major blockchain projects.
Notably, Polygon is collaborating with Reliance Jio to integrate blockchain technology into web services, aiming to address real-world challenges for over 450 million users.
This partnership balances speed, scalability, and affordability without compromising decentralization.
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