The post Polygon Acquires Coinme and Sequence for $250M appeared on BitcoinEthereumNews.com.

Key Notes Coinme holds federal money services registration and operates crypto kiosks at more than 50,000 retail locations, including Coinstar machines. Polygon described the strategy as a reverse of Stripe’s approach, adding regulated financial services to its existing blockchain network. Coinme faced $300,000 in California penalties and a Washington cease-and-desist order that was stayed after the company segregated customer funds. Polygon Labs POL $0.16 24h volatility: 0.3% Market cap: $1.65 B Vol. 24h: $222.02 M announced on Jan. 13 it would acquire crypto payments company Coinme and infrastructure provider Sequence for more than $250 million. The blockchain developer is building a regulated payments platform for stablecoin transactions in the United States. The deals bring money transmitter licenses across 48 U.S. states and a physical network spanning more than 50,000 retail locations where customers can convert cash to cryptocurrency, according to Polygon’s announcement. The firm described the acquisitions as foundational to its Open Money Stack, a payments toolkit unveiled last week. Both transactions are subject to regulatory approval. BREAKING: Polygon to become U.S. regulated payments platform We’re acquiring Coinme and Sequence to move all money onchain.→ Regulated money movement in 48 states→ Fiat on/off ramps→ 50,000 fiat-to-crypto locations in the U.S.→ Easy onboarding with wallet infra→… pic.twitter.com/lwvLheEc3P — Polygon | POL (@0xPolygon) January 13, 2026 The Acquisitions Seattle-based Coinme, founded in 2014, holds federal money services registration with FinCEN (the Treasury Department’s financial crimes unit) and operates cash-to-crypto kiosks at retailers, including through Coinstar machines. The company’s backers include stablecoin issuer Circle and major crypto investors Pantera and Digital Currency Group. Coinme will continue operating as a wholly owned subsidiary following the close of the transaction. New York-based Sequence, founded in 2017, provides wallet technology that simplifies crypto transfers across different blockchain networks. The infrastructure firm counts Brevan Howard Digital and…

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Filed under: News - @ January 13, 2026 4:24 pm