TruGolf Completes Acquisition of Polymath Research to Integrate Blockchain Tech

Key Facts

1Nasdaq-listed TruGolf completed the acquisition of Polymath Research, the developer behind the Polymesh network.

2Polymath will operate as a wholly owned subsidiary of TruGolf to pursue tokenized financing and franchise opportunities.

Nasdaq-listed TruGolf Holdings completed the acquisition of Polymath Research, the developer behind the Polymesh blockchain network. TokenPost reported that Polymath will operate as a wholly owned subsidiary of TruGolf to pursue tokenized financing and integrate blockchain technology into the company's golf simulator and franchise business.

TRUG closed at $2.75 on October 7, 2026, after trading between a session low of $2.55 and a high of $2.89. Under the deal terms, Polymath will maintain its focus on blockchain operations while supporting a program to use tokenized securities for financing equipment leases and offering partial franchise ownership, with a targeted launch in the first quarter of 2027.