Acquisition of Polymesh Assets by Polymath
14. Mai 2025 – On 13 May 2025, Polymath Research Inc., indirectly through Polymesh Labs Ltd., agreed to acquire certain assets and assumed certain liabilities of Polymesh Association, Zug, including POLYX tokens held by Polymesh Association. Following this acquisition, Polymesh Labs Ltd. will offer TokenStudio, a self-service decentralized application built on the Polymesh blockchain. Versions of TokenStudio have facilitated the issuance of over 200 different tokens on Ethereum and the Polymesh blockchain, ranging from assets representing USD2.5 billion in real estate, which was facilitated by a U.S.-based investment platform, to corporate loans, startup equity, revenue-sharing agreements, and more.
Walder Wyss advised Polymesh Association on all Swiss legal and tax matters related to this transaction. The Walder Wyss team included Thomas Müller (Partner, Regulatory), Marius Breier (Partner, Tax), Vangelis Kalaitzidakis (Managing Associate, Tax), and Fabian Akeret (Senior Associate, M&A).