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.