Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Polygon lays off about 30% of staff to focus on stablecoin payment development

Polygon lays off about 30% of staff to focus on stablecoin payment development

AIcoinAIcoin2026/01/15 22:39
Show original
Polygon has laid off approximately 30% of its workforce, an adjustment related to the integration following its $250 million acquisitions of Coinme and Sequence. Polygon stated that the layoffs are part of the post-acquisition integration plan, and the total number of employees is expected to remain stable. Previously, Polygon announced a strategic transformation, focusing on the payments sector and promoting the construction of an "open money stack" to support compliant stablecoin payments and on-chain capital flows. The Polygon CEO said that the consolidation of some positions was a necessary decision, but the overall team size will remain roughly unchanged.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Lyft (LYFT.US) plans to significantly expand its Waymo autonomous taxi fleet in Nashville by the end of the year

Lyft plans to expand its fleet of Waymo driverless taxis in Nashville by the end of the year.

智通财经•2026/11/06 00:43
Lyft (LYFT.US) plans to significantly expand its Waymo autonomous taxi fleet in Nashville by the end of the year

Japanese stocks fall below 57,000 points

格隆汇•2026/11/06 00:31

Texas Governor-Elect: Data centers must be suspended until measures to protect the interests of the people are introduced

The newly elected governor of Texas, Hinojosa, publicly stated that she despises the way data centers "take advantage of Texans" and that any measures must be paused before the introduction of new data centers. She also expressed willingness to collaborate with tech giants such as Elon Musk but emphasized that "it must be on our terms." Goldman Sachs previously warned that the current "blue wave" could result in a suspension order affecting the expansion capacity of approximately 45% of data centers across the United States, with Texas accounting for about 25%. Other states are also rushing to follow Texas' lead.

华尔街见闻•2026/11/06 00:27
Texas Governor-Elect: Data centers must be suspended until measures to protect the interests of the people are introduced