Polygon Labs Reportedly Seeks Up to $100 Million for Payments Business

The core claim is that Polygon Labs is discussing a capital raise of up to $100 million for its payments business. The most direct available evidence is the fetched article “Polygon Labs targets up to $100M raise to supercharge payments push,” which explicitly states that Polygon Labs is seeking up to $100 million and attributes that reporting to The Information. While that article is secondary, it aligns with Polygon’s own official strategy shift shown in “Polygon Labs to Acquire Coinme and Sequence to Offer Regulated Stablecoin Payments in the U.S.” and “Vertical, Integrated, Open: Why Polygon Is Building the Open Money Stack,” both of which document an aggressive pivot into regulated stablecoin payments infrastructure. The Odaily page also traced upstream to “https://www.theinformation.com/articles/polygon-labs-talks-raise-100-million-payments-business,” reinforcing that the claim originates from a specific primary news report. Confidence is not high because the original The Information page could not be fetched directly in this run, so the exact wording and sourcing of the fundraising discussions could not be independently validated from the primary article itself.