Polymath Acquires Polymesh Association, Advancing Strategy Toward Becoming a Publicly Listed Entity
2025/06/28 15:17According to ChainCatcher, reports indicate that the Polymesh Association has officially transitioned to Polymesh Labs Ltd. ("Polymesh Labs") and, following a successful acquisition, has formally joined the Polymath family. This strategic acquisition, initially announced on May 13, 2025, marks a significant step forward in advancing blockchain infrastructure tailored for the tokenization of regulated assets.
As a subsidiary established in the Cayman Islands, Polymesh Labs will take full responsibility for the operation of the Polymesh blockchain, including the POLYX token and related software applications such as the Polymesh Wallet, Polymesh Portal, and TokenStudio. This acquisition brings additional resources to Polymesh Labs, accelerating the network’s adoption within the institutional sector.
This acquisition is part of a broader strategy to transition into a publicly listed entity, following its reverse takeover agreement with AnalytixInsights. By integrating this acquisition strategy, Polymesh will further expand its capabilities and credibility as a layer-one blockchain backed by a publicly listed company, deepening its integration with traditional regulated market frameworks.
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