
According to sources cited by CoinDesk, Polygon is nearing a $100M–$125M acquisition of Coinme, a long-running U.S. crypto kiosk operator, as the firm expands into payments and offline cryptocurrency access.
Polygon is nearing completion of a deal to acquire Coinme for between $100 million and $125 million, according to sources. The non-public transaction is being advised by Architect Partners. Coinme has operated compliant cryptocurrency kiosks across about 49 U.S. states since 2014. The acquisition would support Polygon’s expansion into crypto payments and offline onramps, following its $450 million fundraising in 2023.