Get All Access for $5/mo

Polygon Co-Founder Sandeep Nailwal Steps Into Chief Business Officer Shoes; To Focus on ZK Solutions Notably, he will also build the foundation for developer and tech integrations of the February-launched decentralized protocol AggLayer

By Entrepreneur Staff

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Sandeep Nailwal, co-founder and Chief Business Officer, Polygon Labs

Polygon Labs, a company behind the Ethereum-linked blockchain network Polygon, announced it was expanding the role of its co-founder and executive chairman, Sandeep Nailwal, as Chief Business Officer.

The Web3 startup will be focusing on zero-knowledge (ZK) solutions with Nailwal's appointment.

According to the official statement, he will deep dive into implementing strategy related to the growing suite of Polygon-developed zero-knowledge solutions, including Polygon CDK, a ZK-based, modular, open-source software toolkit designed to empower developers to create new Layer 2 (L2) chains on Ethereum or transition existing Layer 1 (L1) chains into L2s using the Type 1 prover.

Notably, he will also build the foundation for developer and tech integrations of the Feb-launched decentralized protocol AggLayer.

This formal appointment comes after several months of overseeing broader strategy and execution in his role as Executive Chairman during the last two years of Polygon's transformation.

"Sandeep's day-to-day execution on the most important projects remains invaluable to us. His unparalleled expertise in innovative technology and those using it and building on top of it, coupled with his talent for community building, makes him the ideal choice to spearhead growth across the network," said Marc Boiron, CEO, Polygon Labs.

"Polygon Labs is in the midst of building incredible, transformational technology that will provide developers and enterprises with countless opportunities to scale quickly and securely while having access to liquidity," said Sandeep Nailwal, co-founder and Chief Business Officer, Polygon Labs.

Entrepreneur Staff

Entrepreneur Staff

Editor

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.
News and Trends

Indigrid Technology and Hour4u Raise Early-Stage Funding

Here are the Indian startups that announced early-stage funding rounds.

Growing a Business

He Immigrated to the U.S. and Got a Job at McDonald's — Then His Aversion to Being 'Too Comfortable' Led to a Fast-Growing Company That's Hard to Miss

Voyo Popovic launched his moving and storage company in 2018 — and he's been innovating in the industry ever since.

Starting a Business

I Left the Corporate World to Start a Chicken Coop Business — Here Are 3 Valuable Lessons I Learned Along the Way

Board meetings were traded for barnyards as a thriving new venture hatched.

Business News

Joey Chestnut Is Going From Nathan's to Netflix for a Competition 15 Years in the Making

Chestnut was banned from this year's Nathan's Hot Dog Eating Contest due to a "rival" contract. Now, he'll compete in a Netflix special instead.

Health & Wellness

Get a Year of Unlimited Yoga Class Downloads for Only $23 Through June 17

Regular exercise has been proven to increase energy and focus, both of which are valuable to entrepreneurs and well-known benefits of yoga.

Business Culture

Why Remote Work Policies Are Good For the Environment

Remote work policies are crucial for ESG guidelines. Embracing remote work can positively impact your business and employees.