Polygon labs
Polygon Labs said to have laid off 60 staff following new $250 million acquisition
Ethereum scaling firm Polygon Labs disputed reports of a 30% workforce reduction, saying role overlaps from acquisitions drove the changes while its headcount remains the same.
Polygon Labs pushes deeper into stablecoin payments with $250 million deal
The move comes as crypto projects increasingly position themselves as offering payment platforms that resemble traditional digital banks, but operate on blockchain rails.
Polygon Labs unveils ‘Open Money Stack’ to power borderless stablecoin payments
The system will bring together various elements of the payment stack, including liquidity, orchestration, and regulatory controls.
Revolut Enlists Polygon for Stablecoin Remittances in UK and EEA
Revolut customers in the UK and non-European Union EEA countries can do crypto remittances in USDC, USDT, and POL.
Flutterwave, Africa's $31B Payment Provider, Taps Polygon for Cross-Border Payments
The deal will roll out faster, low-cost payments for global firms such as Uber in more than 30 countries in Africa.
Polygon, Standard Chartered Enlisted for AlloyX Tokenized Money Market Fund
New product offers stablecoin users regulated yields while linking DeFi strategies with traditional finance.
Polygon Spin-Off Miden Secures $25M to Bring Speed, Privacy to Institutional Giants
The funding round was led by a16z crypto, 1kx and Hack VC.
Mercado Bitcoin, Polygon Labs Look to Issue $200M Worth of Tokenized Assets in Latin America
The collaboration aims to expand access to tokenized private credit and other real-world assets in the region.
Indian Telecom Giant Jio Joins Hands With Polygon to Bring Web3 to Over 450M Users
Polygon's CEO hailed the partnership as a significant step forward for Web3 adoption in India.
Ethereum Layer-2 Teams Welcome Proposal to Overhaul Blockchain
Far from making zero-knowledge rollups obsolete, the Beam Chain would make them work better, says Polygon. zkSync builder Matter Labs is also bullish.
