The crypto market saw a convergence of corporate dealmaking, long-term growth forecasts, market outflows, and security risks, underscoring how digital assets are evolving unevenly across infrastructure, payments, and decentralized finance.
Polygon is reportedly close to buying Coinme, an American ATM operator, with a deal worth approximately $100 million to $125 million, per sources mentioned by CoinDesk.
In case the transaction is concluded, it will represent a substantial invasion of an Ethereum Layer-2 network into on-ramps for physical crypto.
Coinme is one of the pioneers of Bitcoin ATM operations in the US, which set up its first crypto kiosk in 2014.
Currently, Coinme provides over 50,000 Bitcoin ATM locations in 49 US states, which places it among the largest in the industry.
Read more on Analytics Insight
