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Polygon makes strategic play to reshape fintech landscape by acquiring Coinme and Sequence. This move signals an ambitious shift—becoming a pioneering "reverse" fintech platform.
Coinme, headquartered in Seattle, has been pivotal in bridging traditional finance and crypto since launching one of the earliest Bitcoin ATMs on May 1, 2014. The company operates an extensive network spanning across 49 U.S. states with over 50,000 Bitcoin ATMs, specializing in seamless cash-to-crypto conversions. Combined with Sequence's capabilities, Polygon is positioning itself to offer a more integrated and accessible fintech experience.