India, Aug. 18 -- TruGolf Holdings, Inc. (TRUG) and Polymath Research, Inc., a privately-held Canadian technology company, jointly announced TruGolf will acquire Polymath in exchange for shares of TruGolf Class A common stock and non-voting Series C preferred stock.
The transaction will bring one of the first regulated, purpose-built blockchains for tokenized securities to the public markets, positioning the combined company at the center of a fundamental shift in how the world's financial assets are issued, traded, and owned.
Polymath sits at the forefront of that shift as the creator of Polymesh, an institutional-grade, purpose-built Layer-1 blockchain designed specifically for regulated assets.
Following its acquisition of Polymesh La...