About Polymath
Polymath offers technology for creating, issuing, and managing security tokens on the blockchain. It played a key role in establishing a standardized protocol for security tokens on Ethereum, known as ERC 1400, and has facilitated the deployment of over 200 tokens using its Ethereum-based solution. Recognizing the limitations of existing blockchains in meeting regulatory requirements for capital markets, Polymath developed Polymesh, a blockchain tailored for regulated assets at an institutional level. By addressing challenges related to identity, compliance, confidentiality, governance, and settlement within public infrastructure, Polymath streamlines outdated processes and paves the way for new financial instruments.
Who Founded Polymath? Polymath emerged from the quest to tokenize a private fund, during which the complexities of technical and legal hurdles became apparent. This realization sparked a broader vision: to simplify the launch of security tokens for everyone. With this goal in mind, Polymath was founded, boasting a diverse team and contributors worldwide, as well as a growing network of over 50 global service providers.
What Makes Polymath Unique? Security tokens present a significant market opportunity, yet face notable barriers to institutional adoption. Polymath addresses these challenges through Polymesh, the first institutional-grade blockchain tailored specifically for security tokens. Polymesh prioritizes crucial elements required by issuers, investors, institutions, and regulators, including identity, compliance, confidentiality, governance, and settlement. By focusing on these pillars, Polymesh supports more complex operations and offers distinct advantages over general-purpose blockchains when it comes to digital securities management. Additionally, Polymath has developed user-friendly tools on Polymesh, enabling non-technical users to access its functionality seamlessly. By combining deep functionality with intuitive tools, Polymath aims to revolutionize capital markets.
How Many POLY Tokens Are in Circulation? POLY tokens were created to interact with the Polymath Token Studio on Ethereum, serving as the utility token for issuers creating and managing security tokens on the platform. During its launch, approximately 240,000,000 POLY tokens were distributed, with nearly 100,000 wallets currently holding POLY. The maximum supply of POLY is capped at 1 billion tokens.
Where Can I Buy POLY? POLY tokens are available for trading on various exchanges, with pairs including cryptocurrency, stablecoin, and fiat options. Some of the largest markets for POLY include Binance, Upbit, and Coinbase.
POLY Price Live Data
The live Polymath price today in INR is ₹ 11.44 , with a 24-hour trading volume of ₹ 376602.51 . Crypshots updates this POLY to INR price in real-time. The current Polymath price reflects a change in the last 24 hours, with a market cap of ₹ 10.58G . There are 925.00M POLY coins in circulation today.
If you want to buy Polymath at the current price, the top cryptocurrency exchanges for trading Polymath are Binance, Gate.io, CoinDCX, Flitpay, and Bybit. You can find other exchanges to buy Polymath on our crypto exchanges page.