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Polygon Labs cuts staff, nears Coinme acquisition to focus on payments

Polygon Labs cuts staff, nears Coinme acquisition to focus on payments


CoinTurk News
2026-07-16 20:01:03

🚨 Polygon Labs lays off staff while nearing its Coinme payments acquisition. 💼 The restructuring aims for profitability by 2027 and a pivot to blockchain payments. 🚀 The new vision seeks to simplify crypto payments with the Open Money Stack in $MATIC. 📆 Previous layoffs included 20% in 2023 and 19% of employees in 2024. Continue Reading: Polygon Labs cuts staff, nears Coinme acquisition to focus on payments The post Polygon Labs cuts staff, nears Coinme acquisition to focus on payments appeared first on COINTURK NEWS .


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