Polygon Labs Acquires Coinme and Sequence for $250M to Expand US Stablecoin Market Presence
Polygon Labs Acquires Coinme and Sequence for $250M to Expand US Stablecoin Market Presence
Polygon Labs has committed over $250 million to acquire two US-regulated crypto payments firms, Coinme and Sequence. This strategic move is aimed at developing the Polygon Open Money Stack, a platform designed to enable compliant stablecoin payments globally, significantly boosting Polygon's footprint in the US market.
Polygon Labs says it has signed definitive agreements to acquire a pair of US-regulated crypto payments firms. Polygon says it’s buying the digital asset payments platform Coinme and wallet infrastructure provider Sequence for more than $250 million. The deal aims to build the Polygon Open Money Stack to enable compliant stablecoin payments at global scale. […]
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