Polygon faces ‘Big L’ as co-founder Mihailo Bjelic steps down
Mihailo Bjelic has resigned from his role at Polygon but plans to remain active in the crypto industry. His departure has been met with significant reactions, with many in the community viewing it as a loss for Polygon, which has seen major developments recently. Bjelic announced his decision on May 23, expressing continued passion for crypto and a commitment to support Polygon from the sidelines. Fellow co-founder Sandeep Nailwal praised Bjelic's contributions, while others in the industry acknowledged his impact. Bjelic's resignation follows similar departures of other early founders, Jaynti Kanani and Anurag Arjun. Bjelic has not disclosed his future plans. Recent announcements linked to Polygon include partnerships with DigiShares for real estate tokenization and Jio Platforms for Web3 upgrades.
