Polymath (cryptocurrency)

Polymath is a protocol facilitating the primary issuance of blockchain security tokens. It was created to restrict the secondary trading of blockchain security tokens. Users can digitize their assets with the platform, mint tokens, manage investors, and raise funds.

Polymath utilizes a blockchain-based protocol to organize and incentivize users to work together and launch financial products on the blockchain. The platform creates a standard token protocol, which embeds specified requirements into the tokens. The tokens are then purchased and traded among verified users.

Polymesh by Polymath is a blockchain built for security tokens. Through certain design principles, its foundations focus on providing elements needed by issuers, investors, institutions, and regulators. POLY is available for trading on some exchanges, with cryptocurrencies, stablecoins, and fiat pairs available. Some of them include Binance, Upbit and Coinbase.