24 May 2025, 07:43

World Economic Forum Report Mentions XRP Ledger and Ripple’s Notable Use Cases

A new report from the World Economic Forum, released in May 2025, titled “Asset Tokenization in Financial Markets,” has identified critical components driving the evolution of tokenized finance. According to crypto researcher SMQKE, the document highlights the XRP Ledger as the infrastructure behind a significant $1 billion private equity tokenization initiative. Additionally, it points to Ripple’s strategic acquisitions of BitGo and Metaco as central to the custodial and compliance mechanisms underpinning this transformation in financial markets. JUST IN: May 2025 World Economic Forum report, “Asset Tokenization in Financial Markets,” highlights XRP Ledger powering $1B private equity tokenization and Ripple’s crypto custody tech via BitGo and Metaco as key infrastructure for the next generation of value exchange. 12… pic.twitter.com/wLHPXtPrVu — SMQKE (@SMQKEDQG) May 21, 2025 Custodial Services and Compliance Infrastructure via Ripple Acquisitions The WEF report emphasizes the emergence of new market roles and structures enabled by tokenization. Among these developments, key management providers such as BitGo and Metaco—both acquired by Ripple —are recognized for offering specialized custodial services. These entities support the safekeeping of tokenized assets and assist financial institutions in meeting regulatory compliance requirements. The report positions these providers as essential contributors to the secure handling of digital assets and the broader enablement of tokenized financial ecosystems. Institutional Validation Through Tokenized Private Equity In a section focused on private equity, the report details an example of real-world application: Aurum Equity Partners’ launch of the world’s first combined private equity and debt tokenized fund, reportedly valued at $1 billion. This fund is hosted on the XRP Ledger and described in the report as an open-source and decentralized Layer-1 network. The XRP Ledger’s involvement in this high-value tokenization effort is a milestone in expanding investor access, increasing liquidity, and improving operational efficiency across secondary markets. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 A Broader Shift Toward Digital-Native Financial Systems By recognizing the XRP Ledger as the foundational blockchain layer for a billion-dollar financial product, the WEF report underscores the increasing maturity and utility of blockchain infrastructure in institutional finance. The report also affirms the role of Ripple’s ecosystem, particularly through its acquisitions, in addressing key compliance and custody challenges—two long-standing hurdles in the path to widespread asset tokenization. Furthermore, the WEF outlines how these developments contribute to evolving financial architectures, including digital-native service providers and programmable financial instruments. These services, enhanced by composability and automation, are expected to reshape capital markets, streamline settlement processes, and enable greater financial product innovation. SMQKE’s tweet draws attention to the depth of recognition given in the report to technologies developed or supported by Ripple. The tweet mentions Ripple’s crypto custody technology and the XRP Ledger’s operational role in tokenizing real-world assets , stating that the infrastructure is positioned to support the “next generation of value exchange.” Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post World Economic Forum Report Mentions XRP Ledger and Ripple’s Notable Use Cases appeared first on Times Tabloid .

24 May 2025, 07:30

Dogecoin Price Prediction: DOGE Aims for $1, But Could MUTM’s DeFi Utility Deliver Bigger Returns?

Dogecoin (DOGE), currently trading around $0.24, has been in the spotlight with projections of a hike to $0.51 by mid-2025 fueled by increasing meme coin hype and adoption by large influencers. But concerns such as its low use case utility and increasing circulation could hamper its progress in hitting the highly coveted $1 mark. Mutuum Finance (MUTM), on the other hand, is going strong in the DeFi sector with its innovative hybrid lending protocol. Mutuum Finance (MUTM) tokens are available for $0.03 per token during phase 5 of its presale. The project has raised over $9.1 million and gained over 11,000 holders within a few days. It could be your best chance at life-changing profits. Phase 6 prices are 16.67% more at $0.035 and investors who invest at this phase have a 100% ROI when it lists on $0.06. As enticing as Dogecoin’s community backing is, Mutuum Finance’s solid DeFi use case and history of exponential growth project that it has the potential to bring greater returns in 2025. Mutuum Finance Presale Investors flock to Mutuum Finance due to its revolutionary decentralized finance model for crypto loans while decentralization funds its innovative financial services. The project maintains a rising momentum since it has raised over $9.1 million in investments and now attracts more than 11,000 investors. The Phase 5 token price at $0.03 presents investors with a limited opportunity as an upcoming 16.67% price boost charts the completion of early investment entry. Investors in this phase who join during the presale period could earn 100% ROI since the token has defined a listing price at $0.06. As the decentralized market grows, Mutuum Finance is leading the charge with its groundbreaking lending model and solid market positioning. Transforming Crypto Lending with a Dual-Model System Mutuum Finance offers a modern lending platform that joins Peer-to-Contract and Peer-to-Peer models for better access to assets as well as transparency and user empowerment. Through the Peer-to-Contract model users can add stablecoins to smart contract pools to earn passive income as they instantly allow borrowing access to platform users. Smart contracts manage automatic interest rate adjustments that provide enhanced earnings for lenders at reduced borrowing expenses. When people utilize the P2P model they create immediate lending relationships free of intermediaries that fulfill decentralization goals and let users exercise complete negotiation capabilities. Borrowers together with lenders operate in a system which offers complete transparency and efficiency to form custom agreements for loan transactions creating enhanced user-centric borrowing situations. Transforming Crypto Lending The Mutuum Finance stablecoin will soon launch on Ethereum chain pegged to the USD. Secure financial transactions will rely on this stablecoin system because it uses a resistant structure which prevents algorithmic stability problems. The combination of next-generation financial lending approaches with robust infrastructure elements enables Mutuum Finance to create the path for decentralized finance development. While Dogecoin (DOGE) continues to thrive on community hype and viral momentum, its lack of real-world utility may limit long-term upside. In contrast, Mutuum Finance (MUTM) is building tangible value through an innovative dual-lending DeFi model, audited smart contracts, and a USD-pegged stablecoin—all while still in presale. With a 100% ROI already locked in for early investors and a roadmap aimed at reshaping decentralized lending, MUTM may deliver the kind of sustainable growth and explosive returns that meme coins simply can’t match. For investors seeking more than speculation, Mutuum Finance could be the smarter move in 2025. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.finance/ Linktree: https://linktr.ee/mutuumfinance

24 May 2025, 07:03

Binance Empowers Entertainment Industry with Exciting New Altcoin Launch

Binance is listing Sophon (SOPH) on Binance Alpha on May 28, 2025. Sophon integrates blockchain into daily activities like entertainment and gaming. Continue Reading: Binance Empowers Entertainment Industry with Exciting New Altcoin Launch The post Binance Empowers Entertainment Industry with Exciting New Altcoin Launch appeared first on COINTURK NEWS .

24 May 2025, 07:02

An Interview With Tranchess

BitcoinWorld An Interview With Tranchess In an exclusive interview with BitcoinWorld , we got the chance to speak with Danny Chong , Co-founder of Tranchess Danny, you’ve had a significant career in TradFi before co-founding Tranchess. How has this experience shaped your approach to building DeFi solutions, particularly in designing products that appeal to both traditional investors and crypto natives? As Co-founder of Tranchess, I have over 17 years of experience in investment banking at firms like Société Générale, BNP Paribas, and Crédit Agricole which have taught me the importance of structured risk management and clear investment options, principles that TradFi has refined over decades. My journey in decentralised finance began with an opportunity to run a “build-a-bank” project during my career in investment banking. Leading a team of IT professionals, I built emerging products that are client-facing and new to the traditional finance system. TradFi’s strength lies in its ability to segment risk and align products with diverse investor needs, but it often stifles innovation with bureaucracy. DeFi, by contrast, is liberating, open, and permissionless, yet it can overwhelm users with complexity and high-risk volatility. My experience shaped Tranchess to bridge these worlds by simplifying DeFi without sacrificing sophistication. Our products draw on TradFi’s risk tranching concepts used in structured finance to create varied risk-return profiles from a single asset and make DeFi accessible. The name “Tranchess” came from the words “tranche” and “chess”. “Tranche” is a TradFi term for varied risk solutions, whereas “Chess” is based on international chess, a game centred on strategy and optimisation. For traditional investors, we offer familiar structures with clear risk levels, like fixed-income-style yields, which resonate with their preference for stability. For crypto natives, we provide high-yield, leveraged options catering to their appetite for risk and innovation. By combining TradFi’s clarity with DeFi’s transparency and automation, we create a platform that empowers both groups to engage confidently, addressing the bottleneck of DeFi’s complexity. Tranchess recently highlighted its $CHESS Token Buyback Programme. Could you elaborate on the strategic thinking behind this initiative and how it compares, from your TradFi lens, to corporate equity buybacks in terms of signaling confidence and delivering value to token holders? The $CHESS Token Buyback Programme is market agnostic, reliant on Tranchess’ roadmap rather than on the ever-changing market dynamics. It is a strategic move to enhance value for our token holders and signal Tranchess’s confidence in our long-term growth. In DeFi, token economics are critical, and buybacks help manage circulating supply, potentially stabilising or increasing token value while rewarding our community. The programme uses a portion of revenue to repurchase $CHESS tokens from the open market, reducing supply and aligning with our commitment to sustainable ecosystem growth, signalling our confidence in $CHESS. In TradFi, buybacks signal financial health, indicating that companies believe their stock is undervalued and have excess capital to return to shareholders. Similarly, our $CHESS buyback demonstrates Tranchess’s robust revenue, showing we’re not just surviving but thriving in a volatile market. Unlike TradFi, where buybacks often benefit institutional shareholders, our programme directly supports our decentralised community, enhancing $CHESS’s utility in governance and rewards. The key difference is DeFi’s transparency, where every buyback transaction is on-chain and verifiable, unlike in TradFi. This initiative reflects my honed belief in disciplined capital allocation, adapted to DeFi’s open ethos to deliver tangible value to holders. Tranchess aims to offer more than basic yields through its structured products like QUEEN, BISHOP, and ROOK. Can you explain the core concept behind these offerings and how they cater to different risk appetites while aiming for sustainable, layered yields? Tranchess’s structured products, QUEEN, BISHOP, and ROOK, are designed to bring TradFi’s risk tranching to DeFi, offering tailored risk-return profiles from a single underlying asset, like BTC or ETH, to meet diverse investor needs. The core concept is to segment risk and reward, making DeFi accessible and appealing to varying risk appetites. QUEEN tracks the underlying asset’s price with staking rewards, ideal for crypto natives seeking market exposure with added yield. BISHOP offers fixed-income-style yields, appealing to risk-averse investors, including those from TradFi, who prioritise stability. ROOK provides leveraged exposure, catering to high-risk, high-reward seekers comfortable with volatility. These products are denominated in USDC for clarity, lowering entry barriers by making profit and loss intuitive. By leveraging DeFi’s automation, we enable users to switch between tranches seamlessly on one platform, ensuring simplicity, stability, and cost efficiency, unlike TradFi’s complex derivatives markets. Sustainability comes from diversified revenue streams, such as yield farming and validator services, which reduce reliance on volatile token emissions. This approach, inspired by TradFi’s structured finance but enhanced by blockchain’s transparency, ensures layered yields that balance risk and reward, attracting conservative investors and DeFi enthusiasts. You’ve spoken about RWA tokenization as a pivotal trend. How does Tranchess view the integration of RWAs into its yield-focused offerings, and what role do you see regulatory clarity playing in accelerating the adoption of tokenized real-world assets on platforms like the BNB Chain? RWA tokenisation is a game-changer. We see it as a natural extension of our yield-focused structured products. Tokenised stocks, bonds, or real estate, or RWAs, add real value to DeFi and support our objective of providing modular, risk-adjusted yields. We must explore how to integrate RWAs into our framework, potentially allowing users to stake tokenised assets or create tranches with RWA-backed yields, combining TradFi’s familiarity with DeFi’s efficiency. Regulatory clarity is critical to accelerate RWA adoption, especially on scalable platforms like BNB Chain, which is seeing a push by VanEck for a spot ETF which could pave the way for innovation. Clear frameworks, like those emerging in the UAE or Singapore, legitimise tokenised assets, assuaging institutional concerns about compliance and security. As evidenced by the RWA category’s explosive growth from $200 million to $2 billion in just six months, RWAs run the risk of becoming niche if they are not regulated. If they are, however, they could greatly accelerate DeFi’s TVL. Beyond structured products, Tranchess also offers liquid staking. Could you shed some light on your liquid staking solutions and how they provide users with both yield and liquidity, and the security measures Tranchess employs? Tranchess’ liquid staking solutions allow users to stake assets like Ethereum while maintaining liquidity through tokenised staking positions, which can be traded or used in DeFi protocols. This addresses a key pain point in traditional staking, where assets are locked, limiting flexibility. By staking through Tranchess, users earn validation rewards, which are often higher than TradFi savings rates. This benefit of yield and liquidity appeals to both crypto natives seeking DeFi composability and TradFi investors accustomed to liquid assets. Security is paramount, especially given DeFi’s history of breaches. Tranchess employs rigorous measures, including regular smart contract audits, multi-signature wallets for treasury management, and robust governance to prevent centralised failures. Our team prioritises network security, drawing on my TradFi experience where risk controls were non-negotiable. While staking carries risks, we mitigate them through diversified validator partnerships and transparent on-chain operations, ensuring user funds are protected and accessible. The $CHESS token is central to Tranchess’s governance and rewards system. Beyond the buyback, how does Tranchess ensure active community participation and align the protocol’s growth with the interests of $CHESS holders, especially through mechanisms like veCHESS? The $CHESS token is the backbone of Tranchess’s governance and rewards, empowering our users to shape the protocol’s future. Beyond the buyback programme, we foster active community participation through the veCHESS mechanism. veCHESS allows users to lock $CHESS for a set period to gain enhanced voting power and higher yield boosts on our products, incentivising long-term commitment. This aligns holder interests with protocol growth by rewarding those who contribute to governance and stability, drawing on my TradFi understanding of stakeholder alignment. We encourage participation via transparent governance proposals, where veCHESS holders vote on upgrades, fee structures, or new products, ensuring community input drives Tranchess’s evolution. Regular X spaces and talking to users on social media keep users engaged, while $CHESS staking rewards distribute protocol profits, reinforcing economic incentives. By balancing accessibility with incentives, we make governance inclusive yet rewarding for dedicated holders. This approach has helped sustain our community since our $1.5 million seed round in 2021, and it’s key to maintaining protocol health in DeFi’s competitive landscape. Given Tranchess’ success, such as reaching over $1 billion in TVL relatively quickly, where do you see the broader DeFi space evolving in the next couple of years, and what is Tranchess’s vision for continuing to innovate and lead in this evolving landscape? A deeper integration with real-world assets, more institutional adoption, and more transparent regulatory frameworks are probably going to be characteristics of DeFi’s next few years. We at Tranchess see this as a chance to further our objective of providing yield strategies that are adjusted for risk while preserving transparency and composability. As we have done from day one, we will continue to innovate at the intersection of structured products and liquid staking, developing tools that serve experienced DeFi users and new institutions alike. Finally, for our audience looking to explore DeFi or deepen their involvement, what key piece of advice would you offer, particularly when considering protocols that aim to bridge the best of TradFi and DeFi like Tranchess? Instead of focussing only on short-term yield attractiveness, start with protocols that prioritise long-term sustainability, cybersecurity, transparency, strong team setup, and sound risk frameworks. As DeFi matures, those who successfully strike a balance between innovation and resilience will rise to the top. Anyone bridging the gap between TradFi and DeFi, as we do at Tranchess, is embracing the agility and innovation that DeFi allows whilst introducing the discipline and standards of traditional finance into a decentralised, open-access setting. Stay tuned for more thought-provoking content and engaging interviews on Bitcoinworld.co.in , World of Cryptocurrency & Blockchain News. This post An Interview With Tranchess first appeared on BitcoinWorld and is written by Keshav Aggarwal

24 May 2025, 06:47

Hyperliquid Sets New Records, Surges to Fifth Place Among Crypto Derivatives Exchanges

Hyperliquid , a swiftly advancing contender in the arena of cryptocurrency derivative trading, has hit an unprecedented landmark, achieving an all-time high (ATH) in both open interest and 24-hour trading volume. This explosive growth means that the platform now finds itself in the unlikely position of occupying the fifth slot in the global crypto derivatives market. The only names it trails are those of four very large cryptocurrencies: Binance, Bitget, Bybit, and OKX. Not just the platform’s surging popularity but also its groundbreaking way of trading through a transparent, Web3-native infrastructure—one that is redefining how traders interact with digital assets—is what this achievement reflects. Web3 Transparency Brings New Era of Trust in Trading What distinguishes Hyperliquid in a surging field is its commitment to transparent on-chain activity. Its Web3 infrastructure allows users to directly observe trading behavior and positions on the blockchain. And traders can access a whole set of stats—from the behavior of their own trades to those of large players—in building a more informed trading environment. A kind of visibility that is rare among centralized exchanges, where most of the trading activity occurs behind closed doors. By putting data on-chain, Hyperliquid gives users real-time, verifiable information about what’s going on. This is clearly striking a chord with the crypto community and is part of the transparency demand that we see growing in all financial systems. As traders grow more aware of the dangers linked to unclear platforms, a good number of them are now opting for services like Hyperliquid. These services provide the twin benefits of decentralization and combined usability with that of centralized exchanges. Such a platform seems to be on the fast track for success and to popularize the hybrid approach it represents. Record-Breaking Trading Activity Marks Key Turning Point Hyperliquid recently reached new heights of activity and set a new all-time high (ATH) for both open interest and trading volume. Open interest—the total value of outstanding derivative contracts—soared to $8.92 billion. At the same time, the platform enjoyed an impressive $18.91 billion in 24-hour trading volume. These numbers mean more than simply being statistics. They indicate that trust in this platform is increasing. It also tells us that liquidity is on the rise, too. And both of these things—trust and liquidity—are absolutely essential if any exchange wants to seriously position itself as a market leader. Hyperliquid Hits New ATH @HyperliquidX has become a key hub for the crypto community when it comes to trading derivatives. Its Web3 infrastructure allows users to see on-chain activity directly tied to trading on the platform. This transparency — such as the ability to view the… pic.twitter.com/2bxw4bpioF — CryptoRank.io (@CryptoRank_io) May 23, 2025 Hyperliquid now sits comfortably in the fifth position among exchanges globally, having surpassed many competitors that have been around far longer. These figures indicate that not only is the platform technologically strong, but it has also implemented a robust marketing and community strategy. The crypto market is far from static, and in this space, the winning platforms seem destined to be the ones that combine community engagement with innovative changes and incremental improvements. $HYPE Token Gathers Steam Amid Buyback Strategy Adding even more boosters to the platform’s march skyward is its homegrown token, $HYPE. The token has seen dazzling price action of late, and this appears largely down to Hyperliquid’s very ongoing buyback. By purchasing tokens from the open market, the team is not only making a very loud statement about the long-term value of the token but is also quite obviously helping to reduce the circulating supply. And that reduced supply, given the same sort of demand, should quite obviously lead to a higher price. This financial reward is congruent with the platform’s growth, providing both early adopters and loyal users with more reasons to stay engaged. What’s more, it evinces a level of financial maturity and foresight that investors can appreciate — and that’s a nice change in a market often characterized by volatility and uncertainty. The increasing user adoption and record-setting trading activity seem to be strengthening the positive feedback loop between the utility of the platform and the value of the token. Conclusion Hyperliquid’s ascent has been anything but normal. By synthesizing blockchain openness with the smoothness of contemporary trading platforms, it has hewn out a one-of-a-kind niche in the cryptocurrency ecosystem. With unprecedented growth, a buzzing community, and a clear token economy, Hyperliquid is not merely in pursuit of the field’s front-runners; it is rapidly closing in on them. All eyes in the crypto universe are on Hyperliquid as it makes its next moves. They could cement its status as a solid fifth or take it even higher in the global rankings. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !

24 May 2025, 06:40

Polygon Co-founder Mihailo Bjelic Departs: A Crucial Shift for the Network’s Evolution

BitcoinWorld Polygon Co-founder Mihailo Bjelic Departs: A Crucial Shift for the Network’s Evolution Major news from the world of scaling solutions: Polygon , one of the leading platforms for building and connecting blockchain networks, is seeing a significant change in its core leadership. Mihailo Bjelic, one of the project’s co-founders, has announced his decision to step down from the board of the Polygon Foundation and will be phasing out his involvement with Polygon Labs. This development marks a crucial moment for the project’s evolution. Understanding the Role of the Polygon Foundation Before diving deeper into Mihailo Bjelic’s departure, it’s helpful to understand the structure of the Polygon ecosystem. It’s not just one entity; it involves several key components: Polygon Labs: This is the primary development and research hub, focused on building the core technology, protocols, and infrastructure. Polygon Foundation: This entity typically focuses on supporting the broader ecosystem, community grants, partnerships, and advocating for the network’s adoption and decentralization. Board members play a vital role in guiding the foundation’s strategic direction and ensuring it aligns with the overall goals of the network. The Decentralized Community: Ultimately, Polygon aims to be governed by its community through decentralized mechanisms. Mihailo Bjelic’s role on the Foundation board placed him in a position to influence the strategic, non-technical direction of the ecosystem’s growth and community support. His stepping down from this role is particularly noteworthy because of the Foundation’s role in fostering decentralization and ecosystem health. Why the Departure? Exploring “Diverging Visions” In his public statement on X (formerly Twitter), Mihailo Bjelic was candid about the reason for his departure: “diverging visions.” He elaborated, “As projects evolve and mature, it is natural for visions to evolve, and sometimes diverge. With this in mind, I can no longer contribute to Polygon to the best of my abilities.” What exactly do “diverging visions” mean in this context? While Bjelic didn’t provide specific details, such divergences in a rapidly evolving space like blockchain could stem from various areas: Technical Direction: Disagreements on the prioritization or approach to key technologies like zk-rollups (zkEVM), optimistic rollups, or the broader Polygon 2.0 architecture. Governance Philosophy: Different ideas on how quickly or in what manner governance should be decentralized, or the structure of future governing bodies. Ecosystem Strategy: Varying opinions on how best to allocate resources for developer grants, attract specific types of dApps, or pursue enterprise partnerships. Overall Market Positioning: Different views on Polygon’s place in the wider layer 2 landscape and how it should compete or collaborate with other networks. Such disagreements are not uncommon in ambitious tech projects, especially as they grow from startups into established players. Co-founders, while sharing a common goal in the beginning, may develop different perspectives on the best path forward as the landscape changes and the project matures. The Impact on Polygon ‘s Future and Evolution Any time a co-founder leaves a major project, it prompts questions about the potential impact. For Polygon , Bjelic’s departure from the Foundation board and gradual exit from Labs brings several points to consider: Potential Challenges: Loss of Institutional Knowledge: Co-founders hold deep historical context and understanding of the project’s origins and early decisions. Market Perception: While Bjelic expressed confidence in the remaining team, high-profile departures can sometimes cause short-term uncertainty among investors and users, impacting crypto news sentiment. Shift in Strategic Focus: If his vision was significantly different, his absence could lead to a noticeable shift in the Foundation’s priorities or Polygon Labs’ long-term roadmap, though Polygon 2.0 is already a clear path. Potential Benefits/Opportunities: Streamlined Decision Making: Resolving fundamental disagreements can sometimes lead to clearer, more unified strategic execution. New Perspectives: His departure might open doors for new leaders or ideas within the Foundation or Labs, potentially bringing fresh energy and expertise. Focus on Remaining Leadership: Highlights the strength and continued commitment of the other co-founders and core team members who remain dedicated to the project’s success. It’s important to note that Polygon has a strong leadership team beyond Bjelic, including co-founders Sandeep Nailwal, Jaynti Kanani, and Anurag Arjun, along with a large, experienced team at Polygon Labs. Bjelic himself stated his continued confidence in the project’s leadership and pledged support from the sidelines, suggesting the split is amicable despite the strategic differences. What Does This Mean for Users and Investors? Actionable Insights For those involved with Polygon , whether as developers, users, or token holders, Mihailo Bjelic ‘s departure is significant news but doesn’t necessarily signal immediate alarm. Here are some actionable insights: Stay Informed: Keep an eye on official announcements from Polygon Labs and the Polygon Foundation regarding leadership transitions and any updates to the roadmap or strategy. Follow reliable crypto news sources. Focus on Fundamentals: Evaluate Polygon based on its technological progress (especially Polygon 2.0 development), adoption metrics (active users, dApps), and ecosystem health, rather than solely on leadership changes. Understand the ‘Why’: While details are scarce, the reason cited (diverging visions) suggests a strategic difference rather than issues of misconduct or project failure. This is a natural part of a project’s maturation. Observe Market Reaction: While short-term price fluctuations might occur due to news, observe the long-term market reaction and how the community and institutions respond over time. The project is currently focused on implementing its ambitious Polygon 2.0 vision, which aims to create a network of interconnected ZK-powered chains. This strategic direction appears to be well underway, suggesting that while leadership perspectives may differ, the core technical path remains a priority for the remaining team. Comparing Leadership Transitions in Blockchain Projects Leadership changes are not unique to Polygon in the blockchain space. Many prominent projects have seen founders or key figures step back, move into advisory roles, or leave entirely. Examples include: Project Key Figure Transition Context Ethereum Vitalik Buterin (Reduced direct involvement) Shifted focus to research, protocol development, and ecosystem guidance as the network matured. Cardano Charles Hoskinson (Remains active) Has maintained a prominent role but the project’s development is handled by multiple entities (IOHK, Emurgo, Cardano Foundation). Polkadot Gavin Wood (Reduced CEO role) Stepped down as CEO of Parity Technologies to focus on core technology and decentralization efforts. These examples show that projects can continue to thrive and evolve even as initial founders change their roles. The key often lies in the strength of the remaining team, the clarity of the project’s vision, and the robustness of its decentralized community and governance structures. Conclusion: Navigating the Evolution of Polygon Mihailo Bjelic ‘s decision to step down from the Polygon Foundation board and phase out his role at Polygon Labs is undoubtedly a significant event. His contribution as a co-founder has been integral to bringing Polygon to its current standing as a major player in the blockchain ecosystem. While the exact nature of the “diverging visions” remains private, it highlights the dynamic nature of leadership and strategy in a rapidly evolving industry. For the community and stakeholders, the focus now shifts to how the remaining leadership will continue to execute the ambitious Polygon 2.0 roadmap and navigate the challenges and opportunities ahead. Bjelic’s expressed confidence in the team is a positive sign. As Polygon continues its evolution, its resilience will be tested by how it adapts to this change, maintains development momentum, and strengthens its decentralized foundation. To learn more about the latest Polygon trends, explore our articles on key developments shaping Polygon’s future. This post Polygon Co-founder Mihailo Bjelic Departs: A Crucial Shift for the Network’s Evolution first appeared on BitcoinWorld and is written by Editorial Team