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CryptoMediumUpdated•Originally published 18 October 2026•Updated 18 October 2026•
1 min read

Polygon Labs Acquires Coinme to Expand Licensed Payment Services in US

Key Facts

1Polygon Labs has closed its acquisition of Coinme to bridge on-chain payment technology with regulated US money movement.
2The acquisition provides Polygon access to 37 state money-transmitter licenses and 11 applicable exemptions across 48 US states.

Polygon Labs has closed its acquisition of Coinme to bridge on-chain payment technology with regulated US money movement. According to Bitcoinist, the deal provides Polygon access to 37 state money-transmitter licenses and 11 applicable exemptions across 48 US states.

The acquisition aims to integrate Polygon's blockchain infrastructure with established financial rails to facilitate compliant money movement. This regulatory expansion marks a significant step for the protocol's US operations, though no specific price levels were available for associated instruments as of October 18, 2026.

Latest Updates · 1

  1. Notable·

    Update: Reports revealed that Polygon's stablecoin payments strategy is valued at over $250 million following the Coinme acquisition. This valuation underscores the scale of the company's expansion into regulated US digital payment markets.