Polygon Labs acquires Coinme and Sequence for over $250 million to expand its presence in the US stablecoin market and build a compliant, global-scale payment platform.
Polygon Labs’ $250M acquisition of Coinme and Sequence aims to position Polygon as a regulated payments platform for scalable stablecoin transactions, boosting its role in DeFi.
Polygon Labs is acquiring Coinme and Sequence for over $250 million to expand into licensed stablecoin payments in the U.S., enhancing its capabilities in handling stablecoin transactions and wallet infrastructure.
Polygon Labs acquires Coinme and Sequence for $250 million, signaling its entrance into the regulated payments space and bolstering its stablecoin payments push.
Polygon is reportedly close to acquiring Bitcoin ATM provider Coinme for $100M-$125M, expanding its real-world crypto adoption strategy.
Coinme’s $8M repayment and operational halt by regulators highlight rising scrutiny in the cryptocurrency sector.
Coinme ordered to return $8M amid allegations, highlighting regulatory scrutiny in the crypto industry.