Tag: Polygon

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Polygon Labs said to have laid off 60 staff following new $250 million acquisition

Ethereum scaling firm Polygon Labs disputed reports of a 30% workforce reduction, saying role overlaps from acquisitions drove the changes while its headcount remains...

Polygon to Become US-Regulated Payments Platform

The company acquired Coinme and Sequence, adopting their licenses and enabling operations in 48 states.Ethereum Layer 2 scaling solution Polygon is set to become...

Polygon Labs to acquire Coinme and Sequence for over $250m

The blockchain payments company builds and operates infrastructure to transfer funds instantly, reliably and at scale on Polygon Chain. Polygon is also establishing a...

Polygon to Buy Coinme, Sequence in $250M+ Payments Push

Polygon Labs signs definitive agreements to acquire Coinme and Sequence for over $250 millionThe deals are positioned to add three capabilities: fiat on/off-ramps (including...

CoinDesk 20 Performance Update: Index Trades Flat as Polygon Gains 11.2%

Polkadot (DOT) dropped 1.4% and Ripple (XRP) fell 0.9% from Thursday.

Polygon Leads Altcoin Surge With 15% Rally

POL. formerly MATIC, is soaring after the Polygon CEO shared the chain’s vision for its Open Money Stack.Ethereum Layer 2 network Polygon is leading...

Polygon Pushes a New Payments Stack for Compliant Stablecoin Settlement Across Chains

Polygon Labs announced “Open Money Stack,” a modular payments infrastructure framework aimed at regulated stablecoin payments and modernizing cross-border money movement.What it’s designed to...