Cryptocurrencies

Polygon Co-founder Jaynti Kanani Announces Departure from the Project

Polygon’s co-founder Jaynti Kanani announced that he will step back from the daily operations of the company after six years. In a post on social media platform, Kanani stated that while he won’t be completely detaching from Polygon, he will continue to support the company from the sidelines as he focuses on new adventures.

bySenay Kahraman

October 4, 2023

1 minute read

Polygon’s co-founder Jaynti Kanani announced his decision to step back from the company’s daily operations. After approximately six years, Kanani has chosen to distance himself from the day-to-day hustle of Polygon.

After kickstarting Polygon in 2017, around 6 months back, I decided to step back from the day-to-day grind.

I'm more confident in Polygon's bright future and passionate community. I'll be focusing on new adventures while still cheering and contributing to Polygon from the…
— Jaynti Kanani (JD) (@jdkanani) October 4, 2023

This decision follows another co-founder, Anurag Arjun’s decision to depart from Polygon to expand the modular blockchain project, Avail. Arjun’s decision was previously announced earlier this year.

Polygon currently has a total of 10 co-founders. However, the decisions by some co-founders to leave or step back from the company have raised questions about the company’s future. Yet, it is believed that the decisions made by both Kanani and Arjun are driven by new opportunities and adventures.