Finance2 sources

Polygon Acquires Coinme for Payments Sector Entry

  • Polygon has acquired Coinme, a cryptocurrency payment processor.
  • Polygon CEO Marc Boiron views the acquisition as a strategic move to control customer relationships.
  • The acquisition aims to capture revenue previously going to payment intermediaries.
  • The payments sector is currently dominated by companies like Visa and Stripe.
  • The acquisition is seen as a step towards integrating blockchain technology into mainstream payments.
Polygon Acquires Coinme for Payments Sector Entry | Split Angle