TruGolf Holdings (NASDAQ: TRUG) Taps Newly Acquired Polymath to Tokenize Franchise Ownership Records
TruGolf Holdings has initiated the tokenization of its franchise equity records following the acquisition of Polymath Research Inc. on October 8, 2026. Through an intercompany agreement, TruGolf Links Franchising LLC will migrate its capitalization table onto the Polymesh blockchain, utilizing Polymath’s regulated digital securities infrastructure. This integration incorporates automated identity verification, investor onboarding, and transfer restrictions to ensure regulatory compliance. The project aims to support the expansion of over 221 planned franchise locations across New Jersey, New York, and Illinois. Furthermore, the initiative establishes the technical foundation for future equipment leasing programs and fractional franchise ownership opportunities. The company expects to launch these tokenized offerings in the first quarter of 2027. This move highlights the growing trend of public companies leveraging blockchain to streamline corporate governance and expand access to private equity-like investment structures.