Curated News
By: NewsRamp Editorial Staff
October 09, 2026
TruGolf Completes Polymath Acquisition, Expands into Asset Tokenization
TLDR
- TruGolf acquires Polymath to add tokenized asset revenue, targeting tokenized equipment leasing and franchise programs by early 2027.
- TruGolf acquired Polymath, making it a subsidiary; Polymath's Polymesh blockchain had $132 million in tokenized assets from 65 issuers as of Dec. 31, 2025.
- TruGolf's acquisition of Polymath aims to expand golf technology access and create new ownership models, potentially making golf more available and affordable.
- TruGolf, known for golf simulators, now owns Polymath, a blockchain firm with $132 million in tokenized assets and over 50 partners.
Impact - Why it Matters
This acquisition signals a significant convergence of traditional sports technology and blockchain innovation. By integrating Polymath’s regulated asset tokenization capabilities, TruGolf is positioning itself at the forefront of a new era where physical assets—like golf equipment and franchise ownership—can be fractionalized and traded on-chain. This could democratize access to golf-related investments, potentially attracting a broader investor base and creating new revenue streams. Moreover, the move underscores the growing legitimacy of tokenized real-world assets, which may accelerate adoption across other industries. For golfers and investors alike, this development promises more flexible ownership models and could enhance the overall golfing ecosystem by making it more accessible and financially inclusive.
Summary
TruGolf Holdings Inc. (NASDAQ: TRUG), a pioneer in indoor golf technology, has completed its acquisition of Polymath Research Inc., a Canadian firm specializing in institutional asset tokenization and the developer of Polymesh, a Layer-1 blockchain built for regulated assets. The deal, announced on October 9, 2026, merges TruGolf’s established golf simulation and software business with Polymath’s blockchain infrastructure, creating two complementary revenue streams. As of December 31, 2025, Polymath had issued over $132 million in tokenized assets for more than 65 active issuers, supported by over 50 ecosystem partners. The companies are also developing tokenized equipment leasing and fractional franchise ownership programs, targeted for launch in the first quarter of 2027.
Following the acquisition, Polymath will operate as a wholly owned subsidiary, while TruGolf continues its golf technology operations, including its simulators and E6 platform. Natalie Hirsch, formerly Polymath’s chief financial officer and interim CEO, has been appointed chief financial officer and chief operating officer of TruGolf, while David Hackett has joined its board of directors. In connection with the transaction, TruGolf also received approximately $2.95 million in net proceeds from the exercise of Series B preferred warrants. For more details, visit the full press release at https://ibn.fm/WWfpH.
Since 1983, TruGolf has been passionate about driving the golf industry with innovative indoor golf solutions. Its mission is to help grow the game by making it more Available, Approachable, and Affordable through technology—because TruGolf believes Golf is for Everyone. The latest news and updates relating to TRUG are available in the company’s newsroom at https://ibn.fm/TRUG.
Source Statement
This curated news summary relied on content distributed by NewMediaWire. Read the original source here, TruGolf Completes Polymath Acquisition, Expands into Asset Tokenization
