Polygon Labs Expands Stablecoin Payments Strategy With Coinme and Sequence Acquisitions

TL;DR Strategic acquisitions: Polygon Labs is buying Coinme and Sequence for $250 million to strengthen its regulated payments infrastructure and simplify digital asset movement for businesses. Cash‑to‑crypto expansion: Coinme’s nationwide retail footprint and cash‑conversion system give Polygon a powerful onboarding channel, supporting its plan to generate revenue on a transaction basis.

Polygon targets stablecoin payments with deals worth $250 million

Blockchain firm Polygon Labs said on Tuesday it would buy crypto payments company Coinme and crypto infrastructure provider Sequence for more than $250 million, as it looks to tap ‌the growing demand for stablecoin-based transactions.

Polymarket lifts Polygon to $1.7M in January fees

Since Polymarket implemented fees on its 15-minute markets, Polygon has reportedly generated over $1.7 million in fees and burned 12.5 million+ POL tokens.

Polygon Labs Bolsters Stablecoin Payments Push, Acquiring Coinme and Sequence

Polygon Labs signaled that it’s becoming a regulated payments company by acquiring Coinme and Sequence for a combined $250 million.

Polygon Makes $250 Million Investment in Stablecoin Payments

Polygon Labs announced a pair of acquisitions designed to boost its stablecoin payments business. The company is due to acquire cryptocurrency exchange Coinme and crypto wallet infrastructure provider Sequence for more than $250 million, Polygon said in a Tuesday (Jan. 13) press release provided to PYMNTS.

Polygon Labs to Acquire Coinme and Sequence in $250M Stablecoin Payments Push

Polygon Labs has signed definitive agreements to acquire U.S.-regulated payments firm Coinme and wallet infrastructure provider Sequence for more than $250 million, as it accelerates its expansion into licensed stablecoin payments in the United States.

Polygon Labs spends $250 million to acquire Coinme and Sequence, ‘foundational’ elements of its Open Money Stack

Sequence offers smart wallet routing for “1-click” cross-network transfers, while Coinme has secured U.S. money-transmitter licenses.

Polygon Labs acquisitions reshape stablecoin and payments race against Stripe

In a bid to expand its footprint in crypto payments, Polygon Labs acquisitions are signaling a strategic shift toward full-stack fintech and stablecoin infrastructure. Polygon Labs, the blockchain developer behind one of the leading Ethereum scaling networks, has agreed to proceed with two acquisitions of the crypto startups Coinme and Sequence for a combined price […]