Polygon Labs completes Coinme acquisition, bringing regulated payments coverage across 48 US states

Polygon Labs has completed its acquisition of Coinme, a crypto payments firm, securing 37 state money transmitter licenses that give it regulated coverage across 48 US states. The deal folds Coinme's licensing and payments rails into Polygon's stablecoin payments infrastructure, expanding its ability to serve US customers in a compliant way. For traders, it signals continued consolidation and real-world payments expansion in the Polygon ecosystem, a modest positive for MATIC sentiment though not a direct price catalyst.