Polymath (POLY) price, chart, coin profile and news
Find the latest Polymath (POLY) price, coin profile, news and history to get you started with Polymath trading and investing.
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What is Polymath?
Polymath is a securities token platform designed to act as an interface between financial securities and the blockchain. It aims to simplify and streamline the complex technical and legal challenges of conducting a token launch. One of the key premises of Polymath is the belief that financial securities such as stocks, bonds, venture capital, private equity and more will soon be replaced by tokens that live on the blockchain.
Founded in 2017, Polymath offers a decentralised protocol that embeds all the necessary regulatory requirements into the tokens themselves. The protocol also verifies crypto wallet addresses to ensure that only authorised investors are able to transact with a particular security token.
Polymath aims to provide a link between Wall Street and blockchain, providing a scalable platform where companies can issue securities on the blockchain using a standardised token protocol known as ST-20. The goal behind tokenising these assets is to provide investors with higher liquidity and to open capital markets to the world’s 2 billion unbanked adults.
To issue securities on Polymath and interact with the platform, the protocol uses its native utility token, POLY.
Polymath (POLY) is the 192nd largest cryptocurrency in the world by market cap, valued at $202,591,680. The current price of Polymath is $0.31978542, which is 4.335% higher than yesterday. Prices have ranged between $0.3283892 and $0.30649848 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 17, 2022 08:05 UTC.
Polymath (POLY) priceUse our graph to track the performance of (POLY) over time.
Polymath at a glance
|Total POLY supply||1,000,000,000|
|All time high||AUD$3.2092|
|All time high date||February 20, 2018|
|Notable team members||Chris Housser, Vincent Kadar|
|Partnerships||Cardano, IdentityMind, SelfKey|
|Token uses||Token minting, utility token, payments|
Polymath price performance over time
Polymath in the news
EY Scales its Blockchain API Services for Upgrading Supply Chain Management
Congressional Research Agency Hints at Stablecoin Regulations Following TerraUSD (UST) Collapse
South Korea Launches ‘Emergency’ Investigation Into Collapse of LUNA and UST
Disclaimer: Cryptocurrencies, including Polymath, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of POLY is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Polymath or any other cryptocurrency discussed.
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