UPDATED: TruGolf Completes Acquisition of Polymath Research, Bringing a Blockchain Purpose-Built for Regulated Assets to Nasdaq

TruGolf Holdings (NASDAQ: TRUG) has completed its acquisition of Polymath Research, integrating the Polymesh Layer-1 blockchain for regulated assets into the Nasdaq-listed company. Natalie Hirsch was appointed CFO and COO, and the company raised $2.95 million through warrant exercises. The combined entity will operate TruGolf's golf simulation business alongside Polymath's institutional tokenization infrastructure, with plans to develop equipment leasing and fractional franchise ownership programs using tokenized securities.