Polygon Labs Acquires Sequence and Coinme to Build Open Money Stack

January 13, 2026

Blockchain developer Polygon Labs acquired Toronto-based Sequence and Seattle-based Coinme in deals totaling more than $250 million to accelerate its stablecoin payments strategy. The purchases bring wallet and developer infrastructure (Sequence) together with fiat on-/off-ramps and US money-transmitter licenses (Coinme) to form an integrated Open Money Stack for on-chain payments.

Buyers
Polygon Labs
Targets
Sequence, Coinme
Location
Ontario, Canada
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.