Polygon Labs, the pioneering company behind the Ethereum-linked blockchain network Polygon, is amplifying its commitment to zero-knowledge (ZK) solutions with a significant structural adjustment.
In a formal announcement made on May 28, Polygon Labs unveiled the appointment of its co-founder and executive chairman, Sandeep Nailwal, to the role of Chief Business Officer (CBO).
This strategic move aims to bolster the development and implementation of Polygon’s tools related to ZK-proofs—a cryptographic innovation enabling one party to validate specific information to another party without revealing the actual data.
Nailwal’s enhanced responsibilities include a focused effort on Polygon CDK, a ZK-based software toolkit designed to empower developers in creating new layer-2 (L2) chains on Ethereum and facilitating seamless transitions between chains.
Additionally, Nailwal will spearhead the integration of AggLayer, a two-component decentralized protocol launched in February 2024, into the developer and tech ecosystem.
Having previously served as executive chairman, Nailwal’s transition to CBO follows a period of strategic oversight and execution over the past two years, with CEO Marc Boiron now operationalizing the transition.
Commenting on Nailwal’s expanded role, Boiron emphasized his indispensable contributions to crucial projects and his extensive engagement with developers and enterprises since Polygon’s inception.
