Polygon Labs buys two crypto startups for $250 million as it looks to compete with Stripe

The longtime blockchain developer bought cash-to-crypto company Coinme and wallet infrastructure firm Sequence.
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Polygon Labs acquires Coinme and Sequence for over $250 million as part of its Open Money Stack strategy

Polygon Labs has acquired two U.S.-based crypto startups for over $250 million in a bid to position itself as a competitor to Stripe. Multiple leading companies, including Stripe, Visa, Mastercard, ...

Polygon strikes $250M deal for Coinme and Sequence in stablecoin payments push

Polygon Labs has agreed to acquire US-based crypto payments company Coinme and wallet infrastructure provider Sequence in deals valued at more than $250 million, Fortune reported on Monday. The ...

Exclusive: Polygon CEO explains strategy behind its $250M acquisition

Polygon expands payments stack with two new companies.
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Polygon Reportedly Cuts Nearly 30% of Staff in Post-Acquisition Layoff

Polygon reportedly cut nearly 30% of its staff as it pivots to stablecoin payments and new blockchain infrastructure.

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 ...

Security concerns and layoffs weigh on Polygon (POL) price

Polygon (POL) has seen a challenging start to the year as security concerns and workforce reductions weigh on market ...