Polymath Teams with High Ridge Trust for Tokenized Securities Custody
Polymath Research Inc., a leading provider of tokenization technology, has partnered with High Ridge Trust to offer compliant custody services for tokenized securities. The partnership combines Polymath's platform with High Ridge's US trust company framework, providing institutions with a pathway to custody, trade, and eventually earn yield on tokenized assets.
The announcement comes less than a month after Polymath agreed to be acquired by Nasdaq-listed TruGolf Holdings (TRUG) in an all-share transaction. This deal is expected to close in Q3 2026, with the custody partnership negotiated while Polymath was mid-merger.
Under the arrangement, High Ridge Trust will serve as the qualified custodian for tokenized securities built on Polymath's platform. High Ridge plans to offer segregated accounts, client-directed trading, and yield-generating opportunities tied to tokenized assets.