Polygon Shifts from Layer-2 to Regulated Payment Platform In The United States After Acquiring Coinme And Sequence
Strategic acquisitions and U.S. licenses give Polygon the “missing pieces” to offer end-to-end, compliant crypto payments.
XingChiStrategic acquisitions and U.S. licenses give Polygon the “missing pieces” to offer end-to-end, compliant crypto payments.
XingChiPolygon Labs has bought US crypto payments company Coinme and Canadian crypto infrastructure firm Sequence to become a regulated payments platform in 48 U.S. states. The acquisitions give Polygon fiat on- and off-ramps, wallet infrastructure, and cross-chain tools to simplify crypto and stablecoin payments for businesses and consumers.
AnaisPreviously, the two companies reached a cooperation in May 2021 aimed at expanding the use of cryptocurrency-fiat currency exchanges.
Cointelegraph