Polygon Labs CEO Marc Boiron announced that the company is in the final stages of acquiring Coinme, a move that includes integrating Coinme's team into Polygon Labs. This acquisition is part of Polygon's strategic shift towards becoming a blockchain payment company. As part of this transformation, Polygon Labs will implement layoffs to streamline operations and focus on profitability, with a goal to achieve this by 2027.
Polygon Labs Nears Completion of Coinme Acquisition, Plans Layoffs
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