Coin Bureau|Jul 18, 2026 13:04
🚨POLYGON LABS CUTS STAFF FOR THE FOURTH TIME AS IT PIVOTS FROM BLOCKCHAIN TO PAYMENTS
CEO Marc Boiron says the company is completing a $250 MILLION acquisition of Coinme and Sequence and restructuring to reach profitability by 2027.
Polygon shut down its zkEVM Mainnet Beta on July 1 and is now building a single payments API through its Open Money Stack, per The Block.(Coin Bureau)
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