Polygon makes strategic play to reshape fintech landscape by acquiring Coinme and Sequence. This move signals an ambitious shift—becoming a pioneering "reverse" fintech platform.
Coinme, headquartered in Seattle, has been pivotal in bridging traditional finance and crypto since launching one of the earliest Bitcoin ATMs on May 1, 2014. The company operates an extensive network spanning across 49 U.S. states with over 50,000 Bitcoin ATMs, specializing in seamless cash-to-crypto conversions. Combined with Sequence's capabilities, Polygon is positioning itself to offer a more integrated and accessible fintech experience.
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MemeKingNFT
· 01-15 17:40
Wait, Polygon acquiring CoinMe? How long will it take to bottom out so this game can be played effectively?
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Fifty thousand Bitcoin ATMs... How much retail investor blood does that require? Wow, I have to say, impressive.
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Reverse fintech? Basically, still trying to grab a piece of traditional finance, with that retail investor mentality returning.
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Bitcoin ATMs since 2014? Why do I feel like I've been always the one taking the losses?
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Sequence + CoinMe, Polygon is aiming to take over both on-chain and off-chain, quite ambitious.
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Bearish signals... the true bottom consensus hasn't arrived yet. Don't be fooled by these acquisition news.
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Anyone can tell stories now, but the on-chain data will speak for itself.
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AirdropCollector
· 01-15 14:16
Bro, Polygon is really about to make a move this time, deploying 50,000 ATMs directly across the United States? How ambitious is that...
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OnChainDetective
· 01-13 19:01
Wait, 50,000 ATMs? That number sounds so familiar... I need to check if there are large transfer signals on the chain.
Polygon's move feels like they are preemptively laying out something. They've been building this network since 2014, and now suddenly want to acquire? The whales must have known in advance.
Really? Crossing 49 states... With this scale, how many institutional addresses are behind the scenes controlling it?
Wow, they’re trying to bypass traditional finance and directly siphon blood. The name "reverse fintech" sounds like there's something hidden behind it.
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FrontRunFighter
· 01-13 18:57
ngl, coinme's 50k atm network is just begging to be exploited for sandwich attacks once polygon integrates the liquidity layer. "seamless cash-to-crypto" sounds nice til you realize where the real mev extraction happens
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OnchainUndercover
· 01-13 18:44
I think this move is a bit ruthless; Polygon is really playing the big game... But the number of 50,000 ATMs, doesn't it seem a bit exaggerated?
Polygon makes strategic play to reshape fintech landscape by acquiring Coinme and Sequence. This move signals an ambitious shift—becoming a pioneering "reverse" fintech platform.
Coinme, headquartered in Seattle, has been pivotal in bridging traditional finance and crypto since launching one of the earliest Bitcoin ATMs on May 1, 2014. The company operates an extensive network spanning across 49 U.S. states with over 50,000 Bitcoin ATMs, specializing in seamless cash-to-crypto conversions. Combined with Sequence's capabilities, Polygon is positioning itself to offer a more integrated and accessible fintech experience.