Polymesh, a blockchain project focused on real-world assets (RWA), has just announced the transfer of ownership to Polymath. The related transaction has been finalized, and the Polymesh Association has officially become Polymesh Labs. Established as a subsidiary of Polymath in the Cayman Islands, Polymesh Labs will be responsible for managing all operations of the Polymesh blockchain, including POLYX Tokens and related software applications. Polymath has signed an agreement with a FINRA-licensed broker to issue Tokens on the Polymesh platform.
Introduction to Polymesh and Polymath
Polymesh is a blockchain project with a specific goal of enhancing the transferability of real-world assets in the digital world. Polymesh's acquisition by Polymath not only opens up new opportunities but also affirms its strong development in the cryptocurrency field. Additionally, Polymath, with its extensive experience in developing blockchain solutions, is solidifying its position in the RWA asset sector.
The transfer of ownership
The transaction between Polymesh and Polymath has been successfully completed, marking a significant turning point in the development history of Polymesh. This innovation not only brings resources but also facilitates creativity in the operational process of blockchain. With Polymath's takeover, Polymesh is expected to make new advancements in expanding its capabilities.
Highlights of Polymesh Labs
Polymesh Labs, with a strong transformation, will be the main operational center for Polymesh blockchain activities. This subsidiary will manage POLYX Tokens and software applications to develop the Polymesh ecosystem. They are not only focused on technology but also ensure to meet user needs as best as possible.
The role of FINRA in issuing Token
Polymath signing an agreement with a FINRA-licensed broker is a significant step forward in issuing Tokens on the Polymesh platform. This not only ensures completeness in the development process but also enhances reliability and transparency in transactions. This reflects Polymath's commitment to promoting regulatory compliance and protecting investor rights.
The future of Polymesh in the cryptocurrency ecosystem
With the transfer of ownership to Polymath, Polymesh is opening up new prospects in the cryptocurrency field. Activities will focus on optimizing user experience and enhancing safety features for transactions. This is a necessary step for Polymesh to solidify its position within the cryptocurrency user community.
Conclusion
The transfer of ownership from Polymesh to Polymath is not just a simple event but also reflects the strong development trend of the blockchain field. The formation of Polymesh Labs affirms the commitment to users while opening up many new opportunities for long-term growth. These factors create a solid belief in the future of Polymesh in the global cryptocurrency ecosystem.
Source: https://tintucbitcoin.com/polymesh-doi-ten-thanh-polymesh-labs/
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