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Polygon CEO announces job cuts amid Coinme acquisition

Cointelegraph·July 16, 2026·1 min read
Polygon CEO announces job cuts amid Coinme acquisition

Polygon CEO announced job cuts amid the company's transition to payments following a $250 million deal to acquire Coinme and Sequence in January. The round of layoffs was part of Polygon transitioning operations to payments. The acquisition and restructuring signal a strategic shift for the blockchain platform.

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