Polygon Labs pushes deeper into stablecoin payments with $250 million deal
Yahoo Finance·2026-01-13 21:52
Crypto infrastructure builder Polygon Labs said it has signed definitive agreements to acquire crypto payments firm Coinme and wallet infrastructure provider Sequence for more than $250 million, as it looks to expand Polygon’s role in stablecoin-based payments and onchain money movement. The move comes as crypto projects increasingly position themselves as neobank-like platforms, offering payments, custody and compliance services that resemble traditional digital banks, but operate on blockchain rails. Th ...