Polymath (POLY) is in the top 1,000 cryptocurrencies in the world by market cap, valued at $193,000,000. The current price of Polymath is $0.193, which is -2.278% lower than yesterday. Prices have ranged between $0.202543 and $0.195143 over the past 24 hours. All prices are listed in US dollars and accurate as of February 08, 2023 11:02 UTC.
Polymath price chart
Price over the past month
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 decentralized 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 at a glance
Basic stats for Polymath
#234
$193 M
1 B
899 M
Chris housser
Vincent kadar
Cardano
Identitymind
Selfkey
Privacy coins
Token minting
Utility token
Payments
Ethereum
Polymath news
Trust Wallet Clears the Air on Mysterious $4 Million User Hack
Commodity Strategist Mike McGlone Says Cryptocurrencies May Be Facing Their First Real Recession
Polymath performance over time
Polymath fundamental and technical analysis
Time frame
Movement
1 day
2.28%
1 week
10.92%
1 month
30.93%
2 months
6.27%
200 days
5.64%
1 year
60.99%
Social activity for Polymath
Similar assets
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance 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 cryptocurrencies discussed.
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