Polygon Labs CEO Marc Boiron announced a new round of layoffs as the firm finalizes its Coinme acquisition and pivots toward onchain payments, its second 2026 cut.

Polygon Labs laid off about 60 employees as it moves forward with $250M+ acquisitions of Coinme and Sequence, pivoting toward regulated stablecoin payments.

"Two rounds of changes in one year is a lot to ask of a team, and I understand it is hard to manage," Polygon Labs CEO Marc Boiron said.