Sandeep Nailwal Takes on Additional Role as Chief Business Officer at Polygon Labs

  • Sandeep Nailwal takes on additional role as chief business officer at Polygon Labs.
  • Will oversee strategy for Polygon's zero-knowledge solutions and AggLayer network.
  • Polygon Labs focuses on building transformative technology for scaling and liquidity.
  • Polygon processes transactions economically by redirecting to sidechains and Layer 2 zkEVM network.
  • Nailwal co-founded Polygon in 2017 and was appointed executive chairman in July 2023.
  • The Block is an independent media outlet with financial disclosures.

Summary :
Sandeep Nailwal, co-founder and executive chairman of Polygon Labs, has taken on an additional role as the chief business officer. In this position, he will oversee the strategy for Polygon's zero-knowledge solutions, including the Chain Development Kit (CDK). Nailwal will also be involved in expanding AggLayer, a decentralized network that connects chains for shared state and liquidity. He will continue to serve as the executive chairman. Polygon Labs is the core developer of Polygon, a suite of scaling solutions that allows developers to create decentralized applications with high throughput and low transaction fees. By redirecting transactions from the Ethereum mainnet to a sidechain and a distinct Layer 2 zkEVM network, Polygon processes transactions more economically than Ethereum. Nailwal co-founded Polygon in 2017 and was appointed executive chairman of Polygon Labs in July 2023.

Sources :

- TheBlock