Polygon will complete an acquisition of over $100 million, further expanding the Bitcoin ATM ecosystem

SerumDegen · 2026-01-09T01:34:10+00:00

Polygon is advancing its acquisition of Coinme, with an expected deal value of $100 million to $125 million. This move will strengthen Polygon's ecosystem in the Layer 2 space while leveraging Coinme's Bitcoin ATM network to promote the integration of traditional finance and blockchain.

SerumDegen

2026-01-09 01:34:10

Abstract generation in progress

【ChainWen】Polygon’s major acquisition has attracted a lot of attention. According to industry sources, this Ethereum scaling leader is advancing a merger and acquisition deal with Coinme, with the transaction price expected to be between $100 million and $125 million. Coinme has been deeply involved in the Bitcoin ATM field for many years, operating a sizable network of vending kiosks, while also providing supporting crypto asset services.

The logic behind this acquisition is very clear—Polygon has already established a technical and ecological foundation in the Layer 2 space, while Coinme controls offline payment gateways. The combination of the two means more on-chain users may have the opportunity to enter and exit crypto assets through physical ATMs, which is also a microcosm of the integration between traditional finance and the on-chain world. For Polygon’s ecological landscape, this is undoubtedly a strategic move.

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FundingMartyr

· 01-10 10:22

Hmm... Polygon's recent move is quite interesting. The offline ATM combined with Layer 2 feels like laying the groundwork.

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tx_pending_forever

· 01-09 02:03

Oh my god, Polygon directly spent over 100 million dollars to buy ATM? Are they trying to take the crypto business to the streets? That's pretty aggressive.

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degenwhisperer

· 01-09 02:01

Hmm... Polygon is again spending money to expand its territory, spending over 100 million to buy offline access points, which is quite interesting. Can this ATM thing open up new growth? I remain skeptical.

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WhaleWatcher

· 01-09 01:38

No, Polygon is really trying to connect offline this time, starting directly from ATMs... feels like we're a bit closer to mass adoption.

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LiquidityLarry

· 01-09 01:34

Whoa, Polygon is making a big move again? Are they trying to directly conquer the offline scene? Using ATM networks like this is indeed a brilliant strategy.

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