Polygon news today is buzzing with a major shakeup: Mihailo Bjelic, co-founder of the Ethereum layer-2 scaling solution Polygon, has announced his departure from the company. In a heartfelt post on X on May 23, Bjelic revealed he is stepping down from the Polygon Foundation board and scaling back his daily role at Polygon Labs. While he is leaving the core team Bjelic hinted at staying active in the crypto world sparking curiosity about his next move. His exit, the third among Polygon’s founding team in two years has stirred reactions across the crypto community even as Polygon news today highlights the project’s ongoing growth and innovation.
A Founder’s Farewell
Bjelic’s decision to step away comes after deep reflection. “I’ve thought long and hard about this, and I’ve decided to wind down my day-to-day work with Polygon Labs and step off the Polygon Foundation board,” he wrote on X. He explained that as projects like Polygon mature, their goals and visions naturally shift, sometimes leading to differences in direction. “I feel I can no longer give my all to Polygon in the way I’d like,” Bjelic added, signaling a personal choice to move on while remaining a supporter. “I’ll be cheering from the sidelines and helping out whenever I can.”
Polygon news today often celebrates the project’s role in making Ethereum faster and cheaper, and Bjelic has been a key figure in that success.
Source: Sandeep NailwalSandeep Nailwal, one of Polygon’s co-founders was full of praise for his work, saying Bjelic “is a driving force behind so much of what Polygon is today.” Nailwal’s eulogy endorses Bjelic’s role in helping build Polygon into the top layer-2 solution employed by developers to run anything from decentralized applications to tokenized assets.
Reactions Across the Crypto World
Mihailo Bjelic’s departure has stirred up the crypto world, with Polygon news buzzing with both appreciation and worry. Marc Zella, who started the Aave-chan Initiative, called it a “huge blow for Polygon,” emphasizing Bjelic’s deep technical know-how and forward-thinking vision. Leon Stern, Polygon’s head of marketing, expressed appreciation, saying, “We’re going to miss you, Mihailo. Thank you for all you’ve done, and good luck.” Jack O’Holleran, CEO of Skale Network, took a more optimistic tone, urging Bjelic to “be proud” of his achievements and expressing excitement for his future endeavors.
Source: Maggie Love
On X, the conversation is lively, with hashtags like #PolygonNews and #CryptoUpdate trending as users debate what Bjelic’s departure means for Polygon’s future. One user posted, “Mihailo leaving Polygon is huge. He was a tech genius behind the scenes.” Another wrote, “Sad to see him go, but Polygon’s still got a strong team. I am so curious to see what Mihailo tackles next!” These sentiments show the deep respect Bjelic has earned and the trust many still place in Polygon’s future.
Still All In on Crypto
Even though he is stepping away from Polygon, Bjelic was crystal clear he is not done with the crypto scene by a long shot.. “I’m as passionate about crypto as ever,” he said, teasing that fans will “likely still see me around.” This has fueled speculation about his next steps. What’s next for Mihailo? Will he kick off a fresh blockchain project, jump into another crypto gig, or maybe champion decentralized tech? Right now, Polygon news is quiet on his plans, and Bjelic’s keeping things close to the chest.
His exit isn’t the first for Polygon’s founders. Over the last couple of years, Jaynti Kanani and Anurag Arjun also stepped away. Anurag’s departure lined up with the launch of Avail, a Web3 data availability layer that spun out of Polygon, where he’s now at the helm. It feels like a natural shift for Polygon its founders are chasing new adventures while the project keeps growing.
Polygon’s Big Year
Polygon news today isn’t just about Bjelic’s exit it is also about the project’s momentum. Despite losing key founders, Polygon remains a powerhouse in the blockchain space. On March 25, 2025, DigiShares, a platform for tokenizing real-world assets, announced it would bring real estate trading to Polygon through RealEstate.Exchange (REX). This step really shows how Polygon’s becoming a key player in linking old-school finance with blockchain tech.
Back on January 16, 2025, Polygon Labs landed a huge deal with Jio Platforms, the Indian telecom powerhouse owned by Mukesh Ambani, Asia’s richest guy. Their plan? To weave Web3 and blockchain into Jio’s services, which could bring Polygon’s tech to millions. These wins prove that Polygon news today is just as much about growth as it is about change, even with big shifts in leadership.
A Tough Loss, but a Solid Path Ahead
No doubt, losing Bjelic stings for Polygon he was a tech genius and a huge part of its climb. But the project’s built on a rock-solid foundation, with years of innovation and a stellar team to keep it going. Polygon news keeps highlighting how the company rolls with the punches, from new partnerships to tech breakthroughs.
For Bjelic, this is one chapter closing and a brand-new one kicking off.. His promise to stay active in crypto has sparked excitement about what he’ll do next, whether it is building a new project or advising others in the space. As one X user put it, “Mihailo’s a legend. Polygon’s loss is crypto’s gain.”
What’s Next for Polygon and Bjelic?
Polygon news today paints a picture of a project at a crossroads. With three co-founders gone in two years, the company faces questions about its long-term direction. Even so, Polygon’s killing it lately with real estate tokenization and that big telecom deal with Jio. No signs of slowing down there. For Mihailo Bjelic, the crypto crowd’s on edge, dying to see what he does next. Everyone’s betting his fire and know-how will keep shaking up the industry.
While the crypto world digests this, Polygon’s still a heavy hitter in Ethereum’s orbit and way beyond. Bjelic may be stepping back, but his legacy at Polygon and his future in crypto will keep the conversation going. For now, Polygon news today is a reminder of the fast-moving, ever-changing world of blockchain, where departures and new beginnings go hand in hand.
I am Toby Rothschild, Co-Founder of Spearmint and author at Coinography, and a strategist focused on advancing Web3 innovation, digital ecosystems, and the future of decentralized technology. I combine product thinking, creative leadership, and deep interest in emerging trends to help shape how individuals and organizations interact with the next generation of digital systems.
My work centers on understanding how blockchain, AI, and digital identity are reshaping global industries. At Spearmint, I help lead the direction of initiatives that bring clarity, structure, and meaningful user experiences to complex technological environments. I focus on bridging vision with execution, ensuring that innovation remains practical, scalable, and aligned with long-term growth.
As an author at Coinography, I create insights that translate fast-moving Web3 developments into clear, useful narratives. I explore topics such as decentralized governance, digital identity, creator economies, token models, protocol design, and the shifting cultural patterns around emerging technology. My aim is to make digital transformation more understandable and approachable for a wider audience.
I believe that Web3 is not only a technological shift but a cultural and creative one. Strong ideas, thoughtful communication, and human-centered design will shape which technologies thrive and how communities evolve around them. My writing and research reflect this belief, focusing on clarity, relevance, and long-term perspective.
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