UPDATED: TruGolf Completes Acquisition of Polymath Research, Bringing a Blockchain Purpose-Built for Regulated Assets to Nasdaq
- TruGolf Holdings completed its acquisition of Polymath Research, bringing Polymath’s Polymesh blockchain into the Nasdaq-listed company.
- Polymath had issued more than $132 million in tokenized assets for over 65 active issuers by December 31, 2025.
- TruGolf appointed Natalie Hirsch as Chief Financial Officer and Chief Operating Officer, while David Hackett joined its board.
- TruGolf received $2.95 million in net proceeds after holders exercised Series B preferred warrants.
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UPDATED: TruGolf Completes Acquisition of Polymath Research, Bringing a Blockchain Purpose-Built for Regulated Assets to Nasdaq
Polymath, creator of the Polymesh Layer-1 blockchain, becomes part of Nasdaq-listed TruGolf (NASDAQ: TRUG). Natalie Hirsch is named CFO and COO, and a $2.95 million warrant exercise strengthens the company's cash position.
TruGolf Completes Acquisition of Polymath Research, Bringing a Blockchain Purpose-Built for Regulated Assets to Nasdaq
Image Courtesy of TruGolf and Polymath
TruGolf Holdings (TRUG) Completes Acquisition of Polymath Research, Expanding into Institutional Asset Tokenization
LOS ANGELES, CA - October 9, 2026 (NEWMEDIAWIRE) - TruGolf (NASDAQ: TRUG) announced the completion of its acquisition of Polymath Research Inc., a Canadian company specializing in institutional asset tokenization and developer of Polymesh, a Layer-1 blockchain designed for regulated assets. The transaction combines TruGolf’s established golf simulation and software business with Polymath’s blockchain infrastructure, creating two complementary re…
TruGolf Completes Acquisition of Polymath Research, Enters Institutional Asset Tokenization
TruGolf Holdings has acquired Polymath Research, combining golf simulation technology with regulated blockchain infrastructure to create dual revenue streams and develop tokenized asset programs. The post TruGolf Completes Acquisition of Polymath Research, Enters Institutional Asset Tokenization appeared first on citybuzz.
TruGolf (NASDAQ: TRUG) completes Polymath acquisition as $3.49 million Series A remains
What happened TruGolf Holdings, Inc. (NASDAQ: TRUG) completed its Polymath acquisition on October 8, 2026 and reported about $3.49 million of Series A preferred stock outstanding. Polymath and 18141991 Canada Inc. amalgamated into Amalco, which became a wholly owned subsidiary, and Polymath shareholders received 257,494 Class A shares and 136,956 Series C preferred shares. The […]
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