Polygon Labs CEO: Payments Business Will Achieve Profitability in 2027

Following Polygon Labs' completion of the acquisition of Coinme, Polygon Labs CEO Marc Boiron stated that the company is transitioning from the blockchain infrastructure sector to the payment processing industry, with its regulated payments business projected to reach profitability in 2027. The unified payments platform is currently in the technical preview phase, with initial clients including Tazapay, Mesh, Toku, and Kira. As previously announced, Polygon Labs has completed the acquisition of Coinme, and Open Money Stack has become a U.S.-regulated payments platform.

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