Polygon Pursues $125 Million Acquisition of Bitcoin ATM Giant Coinme to Expand Crypto Infrastructure
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 08 2026- Strategic Acquisition: Polygon is pursuing a $125 million acquisition of Coinme, which not only expands its core business into physical financial infrastructure but also provides direct access to users at thousands of retail locations, significantly enhancing its market penetration.
- User Acquisition Channel: With Coinme operating one of the largest Bitcoin ATM networks in the U.S., the acquisition will enable Polygon to rapidly onboard new users through this non-custodial physical distribution network, addressing the needs of those not yet engaging with traditional crypto exchanges.
- Regulatory Advantage: Coinme's existing money transmitter licenses across nearly all U.S. states will provide Polygon with a robust compliance framework, positioning it competitively in an increasingly regulated environment and promoting the maturation of the crypto industry.
- Market Impact: This acquisition could accelerate everyday user adoption of cryptocurrencies by simplifying the process of purchasing crypto assets with cash, thereby enhancing Polygon's core role in building foundational infrastructure for the digital economy.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
