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Coinme

A compliant crypto exchange and cash trading platform

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Transparency RatingProject Claim

Event Calendar

May 7, 2020
Coinme raised $ 10 M in Series A round
Jun 16, 2021
Coinme raised $ 10 M in funding round
Jan 5, 2022
Coinme completed a strategic financing
Jan 13, 2026
Coinme was acquired by Polygon

Fundraising

About Coinme

From March to September 2026, Coinme's key progress: Polygon Labs agreed to acquire Coinme (pending regulatory approvals), with Coinme operating as a wholly owned subsidiary and its regulated fiat on/off-ramp infrastructure integrated into Polygon's Open Money Stack for bank → stablecoin → bank/cash via a single API. Coinme surpassed $1B in cumulative transaction volume, served over 1 million users, covered 50,000 retail locations across 48 U.S. states, and achieved profitability for the first time. In August, Laurent Reichert was appointed Chief Compliance Officer, Consumer Protection Officer, and BSA Officer to prepare for international licensed ramp expansion after the acquisition closes.

Future focus: compliance-first expansion, replicating the U.S. licensed model in new jurisdictions, supporting the global stablecoin payments market projected to exceed $2.8 trillion by 2028, and scaling the Crypto-as-a-Service platform so Web2/Web3 companies can embed compliant stablecoin payments. Sources: , , , .

Updated: Sep 15, 2026

Robert Villaseñor, Chief Legal & Compliance Officer, has over 25 years of experience and graduated from the University of Texas at El Paso and the University of Michigan.

Hazen Baron, General Counsel, brings over 14 years of experience, specializing in fintech and cryptocurrency compliance.

Laurent Reichert, Chief Compliance Officer, has nearly 20 years of experience, having previously served at Paxos, Nium, and WorldRemit.

Updated: Aug 28, 2026

Coinme recently welcomed Laurent Reichert as Chief Compliance Officer in August 2026. With nearly 20 years of experience in compliance and risk at fintech and crypto firms like Paxos, Nium, and WorldRemit, he will lead Coinme's compliance, consumer protection, and BSA efforts. This hire supports Coinme's expansion of licensed fiat on- and off-ramps internationally, ahead of its planned acquisition by Polygon Labs.

Updated: Sep 8, 2026