Polymath Network (Polymath), a blockchain platform project for issuing security tokens, made a number of partnerships to expand its blockchain business, according to the project’s news releases.
Polymath is known for developing a decentralized platform to generate security tokens, which is named as ST-20 for corporate and individual users. ST-20 is an open sourced token, along with KYC built-in.
Polymath aims at building the compliance-based bridge between traditional financial assets and cryptocurrencies via various partnerships.
While Polymath made a partnership with Netcoins, a crypto OTC provider, the project also made an alliance with Solidified HQ, a crowd-based audit platform developer, according to its recent announcements.
Polymath’s ERC20-backed token is named as POLY, and its token is trading on major cryptocurrency Exchanges such as Binance, Huobi, and Bittrex.