Disclaimer:All content on this platform is sourced from the internet and is provided for informational purposes only. None of the content represents the views of this site, nor does it constitute investment advice. Please exercise caution when investing.
Faster global financial news!
Polygon Labs has acquired two crypto startups, Coinme and Sequence, for a total of over $250 million.
13/01/2026 00:41
Complaint Report
Complaint Report
Svmuu News: Polygon Labs announced that it has completed the acquisition of cryptocurrency startups Coinme and Sequence for a total purchase price exceeding $250 million. However, Polygon Labs declined to disclose the specific purchase price for each company and did not specify whether the transaction was conducted in cash, equity, or a combination of both. Marc Boiron, CEO of Polygon Labs, and Sandeep Nailwal, founder of the Polygon Foundation, stated that the acquisitions are intended to bolster the blockchain network’s stablecoin strategy. Coinme holds a series of money transmission licenses in the U.S., while Sequence is dedicated to building blockchain infrastructure, including crypto wallets. (Fortune)
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice. If you find any violations, please Click to Report
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
Scan to Download App
