Coinme Appoints Fintech Veteran Laurent Reichert as CCO to Drive Global Expansion with Polygon

Quick Summary

Coinme has appointed fintech veteran Laurent Reichert as Chief Compliance Officer to lead its international expansion. This strategic hire strengthens Coinme's fiat on-ramp infrastructure as it prepares to become a wholly owned subsidiary of Polygon Labs, integrating its regulated money movement capabilities into Polygon’s Open Money Stack.

How Does Coinme Support Global Fiat On-Ramp Expansion?

Fiat on-ramp services are the critical bridge between traditional finance and digital assets. Coinme solves the complexity of regulated money movement by providing a licensed infrastructure that currently spans 48 U.S. states and 50,000 retail locations. By appointing Laurent Reichert, the company is doubling down on its compliance-first growth strategy to replicate this success in international jurisdictions.

• 50,000 retail locations currently active in the U.S. footprint.
• 48 U.S. states covered by existing money-transmitter licenses.
• 1 million+ users served via the consumer application.

The company’s Crypto-as-a-Service (CaaS) platform allows financial institutions to embed these licensed ramps directly into their own applications, removing the regulatory burden for partners.

What Role Does Laurent Reichert Play in the Polygon Acquisition?

Strategic compliance leadership is essential as Coinme integrates into Polygon Labs. Reichert brings nearly 20 years of experience from industry giants like Paxos and Nium to oversee the licensing and reporting frameworks required for global operations. His expertise will be pivotal as Coinme’s infrastructure becomes a core component of Polygon’s Open Money Stack, a platform designed for seamless global stablecoin movement.

"Licensed access to the financial system is the hardest part of this business to build and the easiest to take for granted," said Neil Bergquist, co-founder and CEO of Coinme. "Laurent gives us the compliance leadership to take that regulated infrastructure into new jurisdictions as we deepen our partnership with Polygon Labs and support our partners' rapid growth."

How Does This Move Impact the Open Money Stack?

Regulated infrastructure integration is the primary goal of the upcoming Polygon acquisition. Coinme already handles the KYC and settlement functionality for Polygon’s technical preview, and Reichert’s appointment ensures that this rigor scales globally. This partnership aims to create a unified payment experience where blockchain settlement and regulated fiat access coexist natively.

"Coinme has built one of the most extensive networks of licensed fiat on- and off-ramps in the industry, and that foundation of trust is what lets a company grow responsibly," said Reichert. "I'm looking forward to working with the team to prepare that foundation for the next phase of growth, both domestically and as we move into new international markets alongside Polygon."

FF NEWS TAKE:

This move absolutely moves the needle for the fiat on-ramp sector. By securing a compliance heavyweight like Reichert ahead of the Polygon acquisition, Coinme is signaling that the future of Web3 isn't just about code - it's about regulatory ironclad infrastructure. Integrating a decade of licensing expertise into Polygon’s stack could finally bridge the gap between institutional finance and decentralized protocols at a global scale.