Polymath Completes Acquisition of Polymesh Association, Advances Blockchain Infrastructure

Coin WorldSaturday, Jun 28, 2025 11:21 am ET
1min read

Polymath has completed the acquisition of the Polymesh Association, marking a significant milestone in its strategic transformation. The Polymesh Association has officially rebranded as Polymesh Labs Ltd., becoming a subsidiary of Polymath based in the Cayman Islands. This acquisition was initially announced on May 13, 2025, and signifies a crucial step forward in advancing blockchain infrastructure tailored for regulated asset tokenization.

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.

By integrating Polymesh Labs, Polymath aims to further expand its capabilities and reputation as a first-layer blockchain supported by a publicly traded company. This transformation will deepen Polymath's integration with traditional regulated market frameworks, positioning it as a leader in the regulated asset tokenization space. The acquisition underscores Polymath's commitment to advancing blockchain technology and its potential applications in the financial sector.

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