Polygon trims workforce amid $250M stablecoin payments pivot

Polygon Labs has cut personnel as it pivots more aggressively to a payments-first strategy built around stablecoin rails and what it calls an “Open Money Stack,” a new, vertically integrated set of ...

Polygon Labs to acquire crypto firms Coinme, Sequence for over $250 million to expand into US stablecoin payments

Polygon Labs on January 13 announced definitive agreements to acquire US-based digital currency payments firm Coinme and wallet infrastructure provider Sequence for more than $250 million, as it plans ...

Polygon Cuts Workforce Amid $250M Funding Pivot Focused On Open Money Stack

Polygon Cuts Workforce Amid $250M Funding Pivot Focused On Open Money Stack. Polygon Labs Restructures Amid Payments-Driven ...
Tokenist

The New Crypto Stack: Coinbase, Bitcoin, Stablecoins

While Bitcoin legitimizes the blockchain ecosystem, Coinbase profits by operating the dollar rails that institutions actually ...

Polygon targets stablecoin payments with deals worth $250 million

Jan 13 (Reuters) - 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 ...

Polygon Labs to acquire Coinme and Sequence for over $250 million to expand US stablecoin payments

Polygon Labs is acquiring Coinme and Sequence for over $250 million to bolster its regulated stablecoin payment capabilities. This strategic move aims to integrate fiat on-ramps, wallet infrastructure ...