Polygon Acquires Coinme and Sequence for $250M to Build Regulated U.S. Payments Platform
Yahoo Finance·2026-01-14 00:22

Polygon Labs announced on Jan. 13 it would acquire crypto payments company Coinme and infrastructure provider Sequence for more than $250 million. The blockchain developer is building a regulated payments platform for stablecoin transactions in the United States. The deals bring money transmitter licenses across 48 U.S. states and a physical network spanning more than 50,000 retail locations where customers can convert cash to cryptocurrency, according to Polygon’s announcement. The firm described the ...