Hirsch became CFO and COO; $2.95 million in net proceeds came from warrant exercises. Tokenized equipment leasing and franchise plans are targeted for Q1 2027.
- TruGolf has acquired Polymath Research, a company that developed Polymesh, a Layer-1 blockchain specifically designed for regulated assets, integrating institutional tokenization infrastructure into its Nasdaq-listed business.
- The acquisition aims to combine TruGolf's golf simulation and software business with Polymath's tokenization platform, with plans to launch tokenized equipment leasing and fractional franchise ownership in Q1 2027.
- The company also announced a $2.95 million net proceeds from a warrant exercise, strengthening its cash position, and appointed Natalie Hirsch as CFO and COO.
Topics: Infrastructure providers, Legal regulatory, Blockchain usage, Tokenization platforms, Securities law classification, Private enterprise ledgers
Tags: #trugolf #polymathresearch #polymesh #blockchain #regulatedassets #tokenization #securitytokens #acquisition #warrantexercise #nasdaq