Polygon Labs Expands Stablecoin Payments with Coinme and Sequence Acquisition
Polygon Labs is expanding its reach in the regulated payments space through the acquisition of Coinme and Sequence. According to reports, the combined value of these acquisitions is approximately $250 million. This development signals Polygon Labs' strategic move towards becoming a more prominent player in the stablecoin payments sector. By integrating these entities, Polygon Labs aims to bolster its capabilities and presence within the evolving landscape of digital payments and blockchain technology.
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.