Polymath Leading the $18.9 Trillion Tokenization Opportunity Through Strategic Partnerships

Tokenized Assets Set for Exponential Growth

Per a recent report by the Boston Consulting Group and Ripple, tokenized assets are poised to grow at a CAGR of 53% and reach a total market cap of $18.9 trillion over the next eight years.

Opportunities in Tokenization

Tokenization brings with it a wide bevy of opportunities, spanning real estate, fine art, commodities, financial instruments, and even intellectual property (IP). This has, understandably, attracted immense interest from mainstream financial institutions such as BlackRock, JPMorgan, Goldman Sachs, and Citigroup, who have recognized the technology’s potential to boost investment, liquidity, and financial inclusion.

Polymath’s Strategic Moves

In the midst of this bullish setting, Polymath (POLY) is leveraging institutional-grade technology and making key partnerships to capitalize on an existing early mover advantage. Founded by Trevor Koverko in 2017, Polymath is one of the earliest businesses in the space. The business was built with security tokenization in mind — and raised roughly $59 million for those purposes back in 2018.

Current Operations and Partnerships

At present, Polymath operates a white-label software-as-a-service (SaaS) platform geared toward tokenizing real world assets (RWAs). In addition, it operates a layer-1 (L1) network called Polymesh, which is built specifically for the purpose of the regulatory-compliant tokenization of real-world assets.

Polymath has recently partnered with North Capital to incorporate investor verification services into its platform, thereby increasing security and compliance, as well as with AI-driven financial analytics business AnalytixInsight, in a bid to enhance market efficiencies.

CEO’s Vision for the Future

Reflecting on the milestone, Chief Executive Officer (CEO) Vince Kandar stated that it:

“Positions us to accelerate innovation, drive sustained growth, and unlock value for our customers, investors, partners, and the broader market.”

Looking Ahead

Lastly, Polymath announced more exciting partnerships to come, and hinted that its tokenization offerings could soon expand to real estate and gold.

Leave a Reply

Your email address will not be published. Required fields are marked *