TruGolf Holdings completes acquisition of Polymath Research and enters asset tokenization field

NASDAQ listed TruGolf Holdings has completed the acquisition of Canadian asset tokenization company Polymath Research Inc., which will operate as a wholly-owned subsidiary. As of December 31, 2025, Polymath Research Inc. has issued tokenized assets worth over $132 million to over 65 issuers. Both parties plan to launch a tokenization project for equipment leasing and fragmented holding of franchise rights in the first quarter of 2027. TruGolf Holdings will receive a net profit of approximately $2.95 million from the exercise of Series B preferred stock warrants related to the transaction.