Polymath Network

Polymath Network is an Ethereum-based protocol that allows users to create, issue, and manage digital securities on the blockchain. The protocol has also developed the open-source code for a purpose-built blockchain named “Polymesh” that will act as a solution for users to ensure regulatory compliance and institutional confidence for their securities. Polymesh aims to solve issues related to governance, identity, compliance, confidentiality, and settlement. Additionally, the platform also offers white-label solutions that enable other financial institutions to directly embed Polymath’s technology into their product offerings. 

Moreover, the company also offers the “Polymath Capital Platform,” which enables institutional clients to manage their capital-raising operations. The platform features solutions for creating offers, setting up yield strategies, token issuance, cap table management, and investor onboarding. Users can also integrate with Polymath’s network of custodians, broker-dealers, legal firms, cap table management providers, token sale platforms, and KYC/AML providers to create their own bespoke solutions.

As of April 2022, over 200 tokens have been deployed using Polymath, which includes over USD 2 billion in real estate, corporate loans, equity, and revenue share agreements. 

In July 2022, the company acquired the technology of MetaFinance, a capital raising and investor management platform, for an undisclosed amount. The acquisition enabled the company to offer an integrated solution that enables private market participants to collaboratively issue, manage, and distribute securities.

Key customers and partnerships

In March 2023, the company signed an MoU with Fair Square Lab, a Korean blockchain technology company, to enable Korean institutions and fractional investment companies to accept standardized security tokens on the blockchain. 

Funding and financials

In January 2018, Polymath raised USD 58.7 million in funding from George Burk.