Woofun AI reports that Polygon Labs CEO Marc Boiron confirmed the acquisition of compliance payment provider Coinme has reached its final stage, with full team integration imminent. This move aligns with a broader restructuring strategy aimed at achieving profitability by 2027.

Concurrently, the company initiated workforce reductions, citing a strategic shift from blockchain infrastructure to payment services rather than performance issues. Boiron noted improving revenue metrics, including record stablecoin transaction volumes and accelerated on-chain product rollouts, while confirming severance packages for affected staff.