Polymath has completed the acquisition of Polymesh Association, moving towards a strategic transformation into a public entity.

CoinVoice has learned that the Polymesh Association has officially transformed into Polymesh Labs Ltd. (referred to as "Polymesh Labs"), successfully joining the Polymath family after completing an acquisition. This strategic acquisition was initially announced on May 13, 2025, marking an important step in advancing the blockchain infrastructure tailored for the tokenization of regulated assets. As a subsidiary established in the Cayman Islands, Polymesh Labs will be fully responsible 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 more resources to Polymesh Labs, accelerating the adoption of the network in the institutional sector. This acquisition is part of a strategy to transition to a publicly listed entity, coming closely on the heels of its reverse acquisition agreement with AnalytixInsights. By integrating this acquisition strategy, Polymesh will further expand its capabilities and credibility as the first-layer blockchain supported by a listed company, deepening its integration with the traditional regulated market framework.