Polygon Labs Expands with Coinme, Sequence Acquisitions for $250M+
Polygon Labs is expanding its capabilities through the acquisition of Coinme and Sequence for over $250 million. According to reports, these acquisitions are aimed at building a regulated stablecoin payments infrastructure. This initiative will be facilitated through Polygon's Open Money Stack toolkit. The development signals Polygon's strategic move to enhance its offerings in the stablecoin and payments space, potentially impacting its role in the broader digital finance ecosystem.
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