At a glance
- Company
- TruGolf
- Ticker
- NASDAQ: TRUG
- Announcement
- Acquisition
Key figures
- Tokenized assets issued as of Dec. 31, 2025
- more than $132 million
- Active issuers
- more than 65
- Ecosystem partners
- more than 50
- Net proceeds from Series B preferred warrant exercises
- approximately $2.95 million
People
- Natalie HirschChief financial officer and chief operating officer of TruGolf
- David HackettBoard member
Products and programs
TruGolf (NASDAQ: TRUG) announced the completion of its acquisition of Polymath Research Inc., a Canadian company specializing in institutional asset tokenization and developer of Polymesh, a Layer-1 blockchain designed for regulated assets. The transaction combines TruGolf’s established golf simulation and software business with Polymath’s blockchain infrastructure, creating two complementary revenue streams. As of Dec. 31, 2025, Polymath had issued more than $132 million in tokenized assets for more than 65 active issuers, supported by more than 50 ecosystem partners. The companies are also developing tokenized equipment leasing and fractional franchise ownership programs targeted for the first quarter of 2027.
Following the acquisition, Polymath will operate as a wholly owned subsidiary while TruGolf continues its golf technology operations, including its simulators and E6 platform. Natalie Hirsch, formerly Polymath’s chief financial officer and interim CEO, has been appointed chief financial officer and chief operating officer of TruGolf, while David Hackett has joined its board of directors. In connection with the transaction, TruGolf also received approximately $2.95 million in net proceeds from the exercise of Series B preferred warrants.
To view the full press release, visit https://ibn.fm/WWfpH
About TruGolf
Since 1983, TruGolf has been passionate about driving the golf industry with innovative indoor golf solutions. TruGolf builds products that capture the spirit of golf. TruGolf’s mission is to help grow the game by attempting to make it more Available, Approachable, and Affordable through technology – because TruGolf believes Golf is for Everyone. TruGolf’s team has built award-winning video games (“Links”), innovative hardware solutions, and an all-new e-sports platform, E6 CONNECT, to connect golfers around the world. Since TruGolf’s beginning, TruGolf has continued to attempt to define and redefine what is possible with golf technology.
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In brief
TruGolf says it has finalized its purchase of Canadian firm Polymath Research, bringing institutional asset-tokenization capabilities alongside its golf simulation and software operations. Polymath develops Polymesh, a blockchain for regulated assets. The release reports that, by Dec. 31, 2025, Polymath had facilitated over $132 million in tokenized assets for more than 65 issuers, with support from over 50 ecosystem partners. The companies are working on equipment-leasing and fractional franchise-ownership tokenization programs, which they are targeting for the first quarter of 2027. Polymath will remain a wholly owned subsidiary. TruGolf also received about $2.95 million in net proceeds from Series B preferred warrant exercises. Natalie Hirsch takes on two senior finance and operations roles at TruGolf, and David Hackett joins its board.
Key takeaways
- TruGolf completed its acquisition of Polymath Research, which develops the Polymesh blockchain for regulated assets.
- Polymath will operate as a wholly owned subsidiary while TruGolf maintains its golf technology business.
- Planned tokenized equipment-leasing and fractional franchise-ownership programs are targeted for the first quarter of 2027.
- TruGolf reports receiving approximately $2.95 million in net proceeds from Series B preferred warrant exercises.
