With this acquisition, Polymesh Labs will assume full responsibility for operating the Polymesh blockchain, including the POLYX token and related software applications such as the Polymesh wallet, Polymesh portal, and TokenStudio. The integration of Polymesh Labs into the Polymath family brings additional resources, accelerating the network's adoption in the institutional sector. This move is part of Polymath's broader strategy to transform into a publicly traded entity, following its reverse takeover agreement with AnalytixInsights.

The acquisition of the Polymesh Association by Polymath marks a significant milestone in Polymath's strategic transformation, enhancing its capabilities and reputation as a first-layer blockchain backed by a publicly traded company. The transition to Polymesh Labs Ltd. as a subsidiary of Polymath based in the Cayman Islands signifies a crucial step forward in advancing blockchain infrastructure tailored for regulated asset tokenization. 1. **Enhanced Resources and Institutional Adoption**: With the acquisition, Polymesh Labs gains enhanced resources to accelerate institutional adoption of the Polymesh network. This includes the partnership with BitGo, which has selected Polymesh as its inaugural layer-one blockchain for its real-world asset (RWA) tokenization strategy, and the collaboration with Zodia Custody for institutional-grade custody services. 2. **Strategic Positioning**: The combined acquisition strategy positions Polymesh as a layer-one blockchain backed by a publicly traded company, expanding its capacity and credibility by further aligning the network with traditional regulated market frameworks. This transformation will deepen Polymath's integration with traditional regulated market frameworks, positioning it as a leader in the regulated asset tokenization space. 3. **Ecosystem Development**: The acquisition creates a unique proposition for blockchain infrastructure: a purpose-built blockchain for institutional tokenization backed by a publicly traded company. This is underscored by the partnership between Polymesh Labs and Galaxy, which will offer staking services for POLYX tokens, with tokenization support planned for later in the year. Additionally, Polymath has signed a licensing agreement with a FINRA-registered broker-dealer in the United States for licensing its SaaS platform, Capital, which enables token issuance on the Polymesh blockchain. 4. **Compliance and Regulatory