Sandeep Nailwal, co-founder and executive chairman of Polygon Labs, will also serve as the Chief Business Officer

ChainCatcher news, according to The Block, Sandeep Nailwal, co-founder and executive chairman of blockchain developer Polygon Labs, will also serve as Chief Business Officer, overseeing strategies related to solutions developed by Polygon.

Nailwal will also help expand AggLayer, "a decentralized network that connects various chains for shared state and liquidity."

Nailwal stated: "Polygon Labs is building incredible transformative technology that will provide developers and businesses with countless opportunities to scale quickly and securely while gaining liquidity."