polymath-network Polymath Network (POLY)

10.26% (24H)
Market CapVolumeAvailable Supply
$264.29 M$112.60 M863.93 M POLY

Polymath Network current price is $0.3067 with a marketcap of $264.29 M. Its price is 10.26% up in last 24 hours.

Polymath simplifies the legal process of creating and selling security tokens. It makes a new token standard, the ST20, and enforces government compliance. Only a “list of authorized investors and their Ethereum wallet addresses” can hold ST20 tokens. Therefore, token issuers don’t need to worry about the legal implications of your security falling into the wrong hands. In order to launch a legally compliant token, the Polymath platform brings together issuers, legal delegates, smart contract developers, KYC verification, and a decentralized exchange. All transactions on the Polymath platform take place using the native POLY token. Polymath has programmable equity. Polymath enables companies to take control of their equity issuance through programmable code. It is raising in cryptocurrency opens up an entire wealth of new investors. Polymath eliminates the middleman and financial structures that hinder the deployment of equity. There is a trove of wealth that is untouched by Wall Street that can now be accessed through Polymath. In 2017, Polymath raised over $1.2 billion in funding by selling utility tokens and security tokens. Utility tokens, such as Waltonchain, give you access to a token’s network and are far more common than security tokens. Security tokens, however, provide equity or a claim to dividends from a company. As a result, security tokens, like any securities, are subject to government regulation. Polymath’s new standard for blockchain security tokens aims to embed the necessary regulatory requirements into smart contracts and comply entirely with government security regulations. A wide array of security tokens that will be listed on Polymath at some point will require investors to be accredited, or to be from specific countries.
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10 Polymath Network (POLY)

# ExchangePairPriceVolume (24h)Updated

Why security tokens?

For starters, automation.

Programmatic #dividends can be paid daily, monthly, or by any period as defined by the issuer.


#defi #fintech #cryptocurrency

It's an exciting day for Polymath as today we give a warm welcome to our new Chief Executive Officer, Vincent Kadar. Welcome Vincent to the team, we're glad to have you and excited for this next chapter!

Polymath aims to create a #blockchain where all #securities are ultimately issued and traded. Sound ambitious?

Check us out on @blockdata_tech's new spotlight and discover why we set out to build @polymeshnetwork– and where we see things headed next.


Missed @MooreGrams' presentation earlier this week? Listen to him talk about the future of #securities and where @polymeshnetwork comes into play at next month's #CXEtechconf 2021.

Get tickets for the event next month here: https://hubs.la/H0ZQW7K0

@IBMCanada @EvokeConf

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