2026-01-13 18:31:08

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.

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OnChainDetective

· 20h ago

Wait, 50,000 ATMs? That number sounds so familiar... I need to check if there are large transfer signals on the chain. Polygon's move feels like they are preemptively laying out something. They've been building this network since 2014, and now suddenly want to acquire? The whales must have known in advance. Really? Crossing 49 states... With this scale, how many institutional addresses are behind the scenes controlling it? Wow, they’re trying to bypass traditional finance and directly siphon blood. The name "reverse fintech" sounds like there's something hidden behind it.

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FrontRunFighter

· 20h ago

ngl, coinme's 50k atm network is just begging to be exploited for sandwich attacks once polygon integrates the liquidity layer. "seamless cash-to-crypto" sounds nice til you realize where the real mev extraction happens

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OnchainUndercover

· 20h ago

I think this move is a bit ruthless; Polygon is really playing the big game... But the number of 50,000 ATMs, doesn't it seem a bit exaggerated?

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