May 24, 2025
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Polygon Co-Funder Mihale Bjelic Exits Layer 2

Polygon, Initially Known As Matic, Was Founded by Jaynti Kanani, Sandeep Nailwal, Mihale Bjelic, and Anurag Arjun.”, – WRITE: www.coindesk.com

Polygon Co-Funder Mihale Bjelic Exits Layer 2Polygon, Initially Known As Matic, Was Founded by Jaynti Kanani, Sandeep Nailwal, Mihale Bjelic, and Anurag Arjun. May 24, 2025, 7:07 AM

Mihale Bjelic, One of the Four Co-Funders of Polygon, is Exiting the Network.

Bjelic Made the Announcement on X, “After Much Thought and Reflection, I’ve Decides Down from the Board of the Polygon Foundation, and Wind Down Down-Togo-Day Involvent.

With Bjelic’s Exit, Co-Funder Sandeep Nailwal Becomes The Last Remaining Member of the Original Founding Team.

Nailwal Acknowledged Bjelic’s Contributions to the Network and Wied Him Luck for the Future.

The Layer 2 Network, WHICH WAS Original Known As Matic, Was Formed By Jaynti Kanani, Sandeep Nailwal, Mihale Bjelic and Anurag Arjun.

As of Writing, Polygon’s Pol is Down 5% in the Last 24 Hours, Trading Over 23 CENTS.

Parikshit Mishra

Parikshit Mishra is Coindesk’s Regional Head of Asia, Managing The Editorial Team in the Region. Before joining coindesk, he was the Emea Editor at Acuris (Mergermarket), Whote He Dealt with Copies Related to Private Equity and The Startup Ecosystom. He have also worked as an senior Analyst for Crisil, Covering the European Markets and Global Economies. His most notable tenure was wass with Reuters, Whote HE Worked as A Correspondent and An Editor for Various Teams. He does not have any crypto holdings.

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Parikshit Mishra, Regional Head of Asia, Coindesk at Consensus Hong Kong 2025. (Coindesk)

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