Polymesh
A permissioned blockchain built specifically for regulated assets that solves challenges around identity, compliance, confidentiality, governance, and settlement.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | N/A | N/A | Grant |
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 225 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Polymesh is a blockchain-based network that allows for the issuance and transfer of securities. It provides a secure asset management protocol that enables confidential asset issuance and transfers, and allows for the secure and efficient transfer of assets. The network also has tools to ensure that all actors on the chain are verified and all transactions are authorized by permissioned entities. Polymesh also offers an industry-led governance model to prevent hard forks and guide the evolution of the chain, as well as a customer due diligence process to ensure compliance with regulations. This makes it different from other businesses in the same industry as it provides a secure and compliant platform for the transfer of assets. Polymesh also has a native token called POLYX, which is used for paying transaction fees and participating in governance. By providing a secure, compliant, and efficient platform for the transfer of assets, Polymesh plans to make a profit by charging fees for its services.
