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

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.

The acquisitions are meant to aid the blockchain network’s stablecoin strategy, said Polygon Labs CEO Marc Boiron and Polygon Foundation founder Sandeep Nailwal in an interview. The Seattle-based Coinme, which specializes in converting cash into cryp… [2669 chars]

Source: Fortune | Published: 2026-01-13T13:30:00Z

Credit: Fortune

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