The partnership brings together complementary capabilities: Polymath's technology for the issuance, compliance, and lifecycle management of regulated digital securities and High Ridge Trust's regulated financial infrastructure for institutional digital assets.  Together, the companies aim to connect tokenization technology with the security, transparency, and institutional controls needed to support broader participation in tokenized markets. According to Natalie Hirsch, Chief Financial Officer of Polymath:

"Tokenization becomes far more powerful when technology and regulated financial infrastructure work together."High Ridge shares our belief that the next generation of capital markets will require blockchain technology and traditional financial safeguards to operate within a connected ecosystem.  This partnership is an important step toward delivering the infrastructure needed for tokenization to reach institutional scale."

The partnership will enable High Ridge Trust to bring the full breadth of its institutional digital asset capabilities to tokenized assets, including custody, client-directed trading and, as the market continues to evolve, access to potential yield opportunities. According to Karen Wendel, President and Chief Executive Officer of High Ridge Trust:

"Institutional adoption of tokenization requires more than technology.  It requires regulated financial infrastructure, clear responsibilities and controls designed for the realities of digital assets. Polymath brings technology built specifically for regulated securities.  High Ridge Trust brings regulated financial infrastructure for institutional digital assets. Together, we aim to make participation in tokenized markets more practical for institutions."

The companies intend to identify technical and operational initiatives that draw on their respective platforms, capabilities, and market relationships, intending to create a more connected experience for institutions participating in tokenized markets.

The collaboration comes as Polymath enters a significant new growth phase.  On August 18, 2026, Polymath announced an agreement to be acquired by TruGolf Holdings, Inc. (NASDAQ:TRUG), a transaction intended to bring Polymath's purpose-built blockchain and tokenization infrastructure to the U.S. public markets, subject to customary closing conditions.

Together, Polymath and High Ridge Trust aim to help bridge traditional financial markets and blockchain-based infrastructure, combining purpose-built digital securities technology with the regulated institutional framework needed to support the continued growth of tokenized capital markets.