Polygon Labs has acquired two U.S.-based crypto startups for over $250 million in a bid to position itself as a competitor to Stripe. Multiple leading companies, including Stripe, Visa, Mastercard, ...
The system will bring together various elements of the payment stack, including liquidity, orchestration, and regulatory controls.
Polygon expands payments stack with two new companies.
Since Polymarket implemented fees on its 15-minute markets, Polygon has reportedly generated over $1.7 million in fees and burned 12.5 million+ POL tokens.
The acquisitions will underpin Polygon’s Open Money Stack, a framework scheduled for launch in 2026.
Crypto markets have a simple habit: when a well-known token jumps on clear product news, traders immediately start scanning for the next project that could reprice the same way—only from a much ...
Polygon Cuts Workforce Amid $250M Funding Pivot Focused On Open Money Stack. Polygon Labs Restructures Amid Payments-Driven ...
Polygon achieved over $496M in net inflows for the past three months, passing Hyperliquid, Solana, and other major networks.