Polygon Labs finalized its acquisition of Coinme, adding regulated payment and on/off-ramp infrastructure to its Open Money Stack.
• Money-transmission licensing across 48 U.S. states
• FinCEN registration
• Over 1 million app users
• Access to roughly 50,000 retail cash-in locations
• Early adopters include Tazapay, Mesh, Toku, and Kira
The acquisition strengthens Polygon's regulated payments footprint and could support stablecoin and wallet use cases.