Quick Take
- Polygon Labs signs deals to acquire Coinme and Sequence for over $250 million.
- Coinme brings money transmitter licenses across 48 US states and Bitcoin ATM network.
- Sequence adds wallet infrastructure to enable seamless stablecoin orchestration.
Polygon Labs announced on January 13, 2026, that it has entered definitive agreements to acquire Coinme and Sequence in a combined deal worth more than $250 million. The acquisitions target the core pieces needed for regulated stablecoin payments in the United States, expanding the company’s push to bring all money onchain.
Coinme operates a large network of Bitcoin ATMs and holds money transmitter licenses in 48 states, giving Polygon regulated fiat-to-crypto access and a proven offchain sales channel. Sequence provides wallet infrastructure tailored for Web3 applications, allowing users to manage assets without friction. Together, the companies add stablecoin orchestration and compliance layers to the Polygon Open Money Stack.
Polygon Labs has processed over two trillion dollars in onchain value transfers through its chain, and these acquisitions build on that foundation. The company aims to make money movement instant and reliable, especially for businesses and users in the US.
In Web3 gaming, the added regulated access could simplify player funding, letting gamers convert fiat to tokens for in-game purchases or play-to-earn rewards with fewer barriers.
