In fact, its ST-20 security token standard is described as " an extension of the more generalized Ethereum ERC-1400 standard that introduces the ability to restrict transfers of blockchain tokens. The event was seen as a major breakthrough for the Polymath Network, which is fast emerging as a potential securities token offering platform in the world. The company has its own token standards that facilitate compliant trading. In February, Polymath broke the news about its strategic partnership with a top cryptocurrency exchange, Archax. The current CoinMarketCap ranking is 145, with a live market cap of 431,050,254 USD. Polymath is up 4.64 in the last 24 hours. We update our POLY to USD price in real-time.
Don’t let this article overshadow the progress that Polymath has been making in multiple months. The live Polymath price today is 0.479717 USD with a 24-hour trading volume of 14,247,999 USD. Company operations have been overseen by CEO, Michael Gan, since KuCoin launched in 2017. Home News Crypto News Polymath Partners with SeriesOne for Security Token Issuance Maria Ohle Security token platform, Polymath, has reportedly partnered with digital securities fundraising platform, seriesOne, to give customers 'end-to-end solution for security token issuance. > Trading with Crypto Exchanges and Crypto CFDs: Which is Better? Ethereum for Securities According to its website "What Ethereum did for tokens, Polymath will do for securities," in saying that the company is aiming to be like the Ethereum network but for securities. KuCoin typically resides around the 75 th largest cryptocurrency exchange in the world. In using Polymath's ST-20 protocol, the CEO believes the platform will generate more revenue. The result will become a “critical” component of seriesOne’s digital securities offering ecosystem. “The token control layer that Polymath offers will be the future standard and we are excited to be working together.” CEO Michael Mildenberger furthered that the partnership aims to reduce the “complex challenges” of creating and managing security tokens.
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