Manager of Turks’ Favorite Altcoin Resigned! So why?

Altcoin project Polygon (MATIC), which has gained a place among Turkish investors, is on the agenda with the news of a sudden resignation. Senior Name Ryan Wyatt announced that he is officially stepping down from his position as CEO at Polygon Labs. Wyatt now wants to take on a different role on the Polygon team…

Ryan Wyatt, President of Polygon Labs, resigns

According to the latest developments, Marc Boiron, former Chief Legal Officer of Polygon Labs, will serve as the new CEO. Boiron announced on Twitter yesterday that he will take over as the new CEO with Polygon 2.0. In his statements, he expressed his pride in assuming the new position and his excitement for the future of the company.

In his tweet, Boiron wished for the privilege of serving both the Polygon community and the company as we enter the Polygon 2.0 era. He thanked the founders for their confidence in him. He also talked about his excitement about working with Fwiz in a consultant role. Boiron also highlighted the collaborative efforts of the Polygon founders, highlighting their meaningful contribution and effective coordination. cryptocoin.comAs you follow, Polygon 2.0 was announced at the end of June.

Highlighting the Polygon founders, Boiron commended the team’s commitment to Web3 values. He appreciated their ability to make decisions consistent with these principles. He noted that their dedication has led to technical advances that have resonated with the aspirations of the Blockchain community.

Why did Ryan Wyatt resign?

Wyatt is actually taking on a new position on the Polygon team. According to his statement on Twitter, “I will now advise Polygon, invest and stay in the industry! More will come later.”

New CEO gains notoriety for work on DeFi altcoin project Aave

Prior to joining Polygon, Boiron gained experience in the DeFi industry as part of the senior DeFi protocol Aave. He also serves as an advisor at the early-stage Blockchain investment fund Variant. Along with that, he holds a board member position at the DeFi Education Fund. Boiron’s background in the Blockchain industry positions him to lead Polygon Labs in the next phase of growth.

Concurrently, Polygon-Labs announced the appointment of Rebecca Rettig as Chief Legal Officer and Chief Policy Officer. Writing an open letter to EU officials advocating fair DeFi regulation, Rettig brings extensive legal expertise to her new role. His appointment, in particular, reflects Polygon Labs’ commitment to proactively engaging with regulators while advocating the benefits of decentralized finance.

On the other hand, Ryan Wyatt, former President of Polygon Labs, will assume the role of advisor to provide support to Polygon from July 2023. Considered one of Forbes’ 30 Under 30 list, Wyatt provides support for the company’s success.

About Polygon Labs

Polygon Labs continues to position itself as a leading force in the altcoin market. Recent executive appointments demonstrate the company’s commitment to innovation, community service, and proactive engagement with regulators. Polygon Labs, of which Boiron is the CEO and Rettig is the Chief Legal Officer, is well positioned to navigate the evolving landscape of blockchain technology. These names have enough experience to contribute to the progress of the Polygon ecosystem.

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