Another Polygon co-founder steps away from duties

Quick Take

  • Polygon co-founder Jaynti Kanani announced on X that he is stepping “back from the day-to-day grind” in order to pursue “new adventures.”
  • The decision follows the March announcement that fellow Polygon co-founder Anurag Arjun was departing the company and spinning off the modular blockchain project Avail.

Polygon co-founder Jaynti Kanani has decided to step away from his full-time duties helping to lead the company he helped start in 2017.

"After kickstarting Polygon in 2017, around 6 months back, I decided to step back from the day-to-day grind," he posted on  X to make the announcement. "I'll be focusing on new adventures while still cheering and contributing to Polygon from the sidelines."

Polygon saw another co-founder make a professional pivot earlier this year when Anurag Arjun departed the company to spin off the modular blockchain project Avail. In total, Polygon and its projects have a total of 10 co-founders, according to its website.

Polygon 2.o


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Kanani said he is "bullish" on Polygon 2.o. Last month, the Ethereum scaling project officially proposed changes for the upgrade after first introducing it in June.

Polygon 2.0 aims to establish a comprehensive network of interconnected Layer 2 chains, driven by zero-knowledge proofs.

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About Author

RT Watson is a senior reporter at The Block who covers a wide array of topics including U.S.-based companies, blockchain gaming and NFTs. Formerly covered entertainment at The Wall Street Journal, where he wrote about Disney, Netflix, Warner Bros. and the creator economy while focusing primarily on technological disruption across media. Previous to that he covered corporate, economic and political news in Brazil while at Bloomberg. RT has interviewed a diverse cast of characters including CEOs, media moguls, top influencers, politicians, blue-collar workers, drug traffickers and convicted criminals. Holds a master's degree in Digital Sociology.


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