Polygon Labs to Acquire Coinme and Sequence
polygon labs

NEW YORK — January 14, 2026 — Polygon Labs has signed definitive agreements to acquire two U.S.-based crypto firms, Coinme and Sequence, in deals valued at more than $250 million, marking a major strategic push into regulated stablecoin payments infrastructure. 

The move is aimed at building out key components of Polygon’s forthcoming Open Money Stack — a modular, regulated payments platform that combines fiat on- and off-ramps, enterprise wallet infrastructure, and cross-chain payment orchestration. Regulators in the United States are increasingly clarifying stablecoin rules, giving companies like Polygon a clearer framework for compliant payments expansion. 

Strategic Acquisitions With Real-World Impact

Under the agreements, Coinme — a licensed crypto payments and fiat-rail provider with operations across 48 U.S. states and a network of more than 50,000 retail locations — will operate as a wholly owned subsidiary once approvals are secured. Sequence brings advanced wallet technology and a one-click, cross-chain “intents” engine that simplifies crypto transactions without requiring users to manually handle gas fees or bridging. 

Together with Polygon, Coinme and Sequence have already processed more than $1 billion in off-chain sales and over $2 trillion in on-chain transaction value, according to company statements. 

Positioning for Mainstream Payments

The acquisitions signal Polygon’s intent to bridge traditional finance with blockchain rails by making stablecoin-based settlement more accessible, compliant, and scalable. Executives said the strategy could enable faster cross-border transfers, lower fees, and broader integration with enterprise payment systems without compromising regulatory commitments. 

As stablecoins gain traction as a settlement layer for global payments, Polygon’s expanded infrastructure ambitions place it among the growing number of blockchain ecosystems positioning themselves as foundations for next-generation digital money solutions. 

Source: cryptonews