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
- Industry
- Payments & Fintech
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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