On May 24, according to The Block, Polygon co-founder Mihailo Bjelic announced his resignation from project development and his position on the foundation's board.
Mihailo Bjelic stated on social platform X that as the project matures and vision differences emerge, he has decided to step down from daily operations, but will continue to support Polygon's development in other ways.
Bjelic was one of the four co-founders of Polygon (originally Matic Network) in 2017, and this departure marks the third founder's exit. In 2023, two other co-founders, Jaynti Kanani and Anurag Arjun, had already left previously.
