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The blockchain
August 14, 2024
The blockchain
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Polymesh ecosystem: partnerships and services for asset tokenization

This blog delves into the Polymesh ecosystem and the strategic blockchain partnerships that drive the tokenization of real world assets and the innovation of new financial products.

The financial industry is modernizing as more large players and financial institutions begin to embrace blockchain and asset tokenization. As the premier blockchain purpose-built for regulated assets, Polymesh is at the heart of this shift, enhancing security and compliance through its infrastructure while facilitating blockchain partnerships in its growing ecosystem. 

The Polymesh ecosystem is where asset issuers, tokenization platforms, custodians, broker-dealers, secondary marketplaces, liquidity providers, and other financial institutions and industry players connect to take advantage of tokenization technology and elevate their business to the next level. This interconnected environment allows for efficient collaboration and innovation across all aspects of the token lifecycle, from issuance to trading to compliance. 

This blog delves into the Polymesh ecosystem, highlighting how Polymesh facilitates a seamless and well-integrated environment for asset tokenization and the strategic blockchain partnerships that drive the tokenization of real world assets and the innovation of new financial products.

Understanding the Polymesh ecosystem

The Polymesh ecosystem features over 25 members offering asset tokenization services, tokenization technology, or other solutions and services to help issuers, investors, and platforms utilize the blockchain and take advantage of asset tokenization benefits.

Designed on Polymesh, specifically for governance, identity, compliance, confidentiality, and settlement, the ecosystem is tailored to the needs of financial institutions, asset managers, and other participants to unlock the potential of onchain asset management and drive more efficient, transparent, and liquid markets. It offers a secure and compliance-capable environment for asset tokenization, equipping participants with the tools to ensure transactions operate seamlessly across digital systems while meeting regulatory standards.

By bringing together these diverse participants, Polymesh fosters a vibrant ecosystem that supports the entire lifecycle of tokenized assets, from issuance to secondary trading and corporate actions. Polymesh’s features and specificity for regulated assets distinguish the network from other platforms built only for general use cases, offering unparalleled opportunities for development in real world assets and asset tokenization services.

How Polymesh enables asset tokenization

Polymesh enables seamless asset tokenization by providing key features for asset tokenization and specificity for regulated real world assets. These include: 

  • Token creation and management: Native functionality simplifies and streamlines token creation and asset management, reducing reliance on costly intermediaries and freeing up funds for use elsewhere
  • Identity and compliance: Identity verification, protocol-level compliance rules embedded into tokens, and permissioned node operators enable participants to benefit from tokenization while meeting regulatory requirements
  • Security and transparency: Advanced cryptographic techniques ensure data security and integrity, bringing transparency to real world assets alongside the privacy-preservation and confidentiality necessary for capital markets

Strategic blockchain partnerships driving asset tokenization

Collaborations between the Polymesh Association and key players in the blockchain and financial industry, as well as between Polymesh ecosystem members themselves, are enhancing the utility and adoption of tokenized assets. A few notable examples include:

  • NayaOne: An integration of Polymesh with the NayaOne ecosystem provides exciting opportunities for financial institutions to experiment with Polymesh nodes in the NayaOne Sandbox while exposing the network to a range of financial services providers
  • REtokens: This real estate tokenization platform is rewriting the playbook for real estate investment by empowering property owners and investors to tokenize real estate on Polymesh to raise capital, increase equity, and refine investment strategies
  • BDACS: This Korea-based digital asset custodian has signed a Memorandum of Understanding with the Polymesh Association to launch an innovative security token project on Polymesh with a focus on “K-culture”

See more examples of companies integrated with or offering asset tokenization services on Polymesh at polymesh.network/ecosystem

These partnerships contribute significantly to the overall growth and development of asset tokenization infrastructure on and within Polymesh by: 

  • Expanding service offerings: Collaborations with companies like NayaOne, REtokens, and BDACS facilitates a wider range of services and applications on Polymesh, attracting more users and real use cases proving asset tokenization benefits
  • Enhancing security and compliance: Partnering with industry leaders in security and compliance helps Polymesh maintain its reputation as the best-fit blockchain for regulated real world assets
  • Driving innovation: Combining expertise and technology leads to the development of new and improved tokenization solutions for all

Connecting with the Polymesh ecosystem for asset tokenization 

Connecting with the Polymesh ecosystem for asset tokenization provides access to a global community of innovators building on the network. The Polymesh ecosystem stands out by offering purpose-built infrastructure specifically for regulated assets, enhancing the tokenization of real world assets and facilitating the exploration of vast opportunities in asset tokenization. 

Grant programs offered by the Polymesh Association provide extra support, further driving growth and innovation within the ecosystem by providing participants with the funds and incentive to get started. 

For more information and to explore how to engage with the growing network, visit polymesh.network/ecosystem. Also, check out our blog on earning POLYX to learn more about how to offset costs for integrating and developing solutions on Polymesh.

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