Polygon, the Ethereum scaling platform, is in advanced discussions to acquire a Bitcoin ATM operator, with negotiations potentially valuing the deal between $100 million and $125 million according to industry sources. The acquisition reflects Polygon's strategic expansion into Bitcoin infrastructure and represents a notable move in the broader cryptocurrency ecosystem consolidation. Such a move could strengthen Polygon's position in bridging Ethereum and Bitcoin liquidity while expanding its reach into physical cryptocurrency access points.

ETH-1,02%
BTC-0,57%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
FadCatchervip
· 3h ago
Polygon's move to buy Bitcoin ATMs is really acting like a big shot who thinks they can do everything.
View OriginalReply0
FOMOmonstervip
· 01-08 22:48
Is Polygon really going all-in this time, directly buying Bitcoin ATMs? Over 100 million dollars... Are they really trying to connect ETH and BTC, or is this just another hype concept?
View OriginalReply0
LiquidityWitchvip
· 01-08 22:47
Polygon really thinking what, insisting on competing with BTC for a slice of the pie...
View OriginalReply0
CoffeeNFTsvip
· 01-08 22:44
Polygon is trying to stir things up again, this time targeting Bitcoin ATMs? Basically, they just want to have their cake and eat it too.
View OriginalReply0
StableGeniusDegenvip
· 01-08 22:43
Polygon is causing trouble again, this time targeting BTC ATMs? Throwing over 100 million just to set up some offline locations?
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt