TechFlow reports, on July 16, Polygon Labs CEO Marc stated that the company has entered the final stage of completing the Coinme acquisition, and the relevant team will be merged into Polygon Labs. As part of a broader integration plan, the company recently laid off some employees to drive the transformation from a "blockchain foundation" to a "blockchain payment company," with the goal of achieving profitability by 2027.
Marc stated that this adjustment is mainly based on changes in the company's organizational structure, business direction, and talent structure, and is not a reflection on the capabilities of the departing employees. Currently, the company's revenue performance is stable, stablecoin trading volume continues to hit new highs, customer reserves are strong, and on-chain payment solutions have also been launched rapidly. For affected employees, the company will provide severance and follow-up support.
