Polygon completes acquisition of Coinme, gaining money transmitter license coverage across 48 states
Polygon Secures US Money Transmitter Licenses
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Polygon has completed its acquisition of Coinme, making Polygon Open Money Stack a U.S.-regulated payments platform with operations across 48 states, including 37 money transmitter licenses and 11 applicable extensions. The payment stack also includes accounts and wallets, cross-chain payment routing, and 24/7 settlement rails, and connects to banking and payout infrastructure, allowing payments teams to build end-to-end payment flows through a single integration.
The material brings license coverage, compliance registrations, accounts, wallets, cross-chain routing, and settlement rails together in one payment stack, making it easier to assess the scope of integration available to payments teams.
Source:PYMNTS · pymnts.com