Polymesh Association is thrilled to announce that Paysafe, a leading global payments platform, is now a node operator on the Polymesh blockchain. This collaboration marks an important milestone in Polymesh’s ongoing expansion of its purpose-built infrastructure for institutional tokenization, highlighting the blockchain’s unique approach of requiring node operators to be licensed financial entities.

Unlike traditional public blockchains, Polymesh maintains a rigorous requirement for network participation. Node operators – the entities that validate new blocks – must be licensed financial institutions, enhancing compliance, security, and institutional-grade governance on the network. By becoming a node operator, Paysafe joins an exclusive group of regulated entities contributing to the decentralization of Polymesh’s institutional-grade infrastructure for real world assets.

Paysafe’s involvement validates Polymesh’s mission to provide purpose-built infrastructure for regulated assets that meet institutional requirements around identity, compliance, governance, confidentiality, and settlement. The partnership underscores the growing interest from financial technology leaders in blockchain technology designed for institutional use.

A powerhouse in digital payments, Paysafe brings significant industry experience to the Polymesh network including 29 years of broader online payment expertise.

Bill Papp, CEO of the Polymesh Association, emphasized the significance of the partnership for the Polymesh ecosystem: “We are pleased to welcome Paysafe as a node operator on the Polymesh network, as their participation reflects the increasing recognition of Polymesh’s potential to transform traditional finance, particularly for regulated and real world assets. Our requirement that node operators be licensed financial entities sets Polymesh apart in the blockchain landscape.”

Polymesh’s unique blockchain architecture offers distinctive features, including onchain identity, governance, and compliance. These capabilities make it an ideal platform for institutions seeking secure solutions for real world asset tokenization.

Paysafe’s node operator role represents an exciting milestone for Polymesh, potentially opening avenues for future collaboration and demonstrating the network’s appeal to global financial technology providers.

As a trusted partner for enterprise-grade Web3, AI, and cloud infrastructure solutions, BCW Group will provide technical services in the partnership for transaction validation, ecosystem growth, and the creation of use cases.

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About PaySafe

Paysafe is a leading payments platform with an extensive track record of serving merchants and consumers in the global entertainment sectors. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet, and online cash solutions. With 29 years of online payment experience, an annualized transactional volume of $152 billion in 2024, and approximately 3,000 employees located in 12+ countries, Paysafe connects businesses and consumers across 260 payment types in 48 currencies around the world. Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments. Further information is available at www.paysafe.com.

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About Polymesh Association

The Polymesh Association is a not-for-profit dedicated to the growth of the Polymesh ecosystem through Polymesh and Polymesh Private. Polymesh is a leading public permissioned blockchain purpose-built for real world assets that streamlines capital markets and opens the door to new financial products. Polymesh Private is a private permissioned instance of Polymesh that can be deployed by enterprises.

Learn more at https://polymesh.network