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Polymath (POLY) USD Price
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About Polymath
Polymath Price Data
Polymath (POLY) currently has a price of $0.0091 and is up 0.37% over the last 24 hours. The cryptocurrency is ranked 2851 with a market cap of $995.5k. Over the last 24 hours, it saw $1.8k of trading volume. The token has a circulating supply of 109.8M tokens out of a total supply of 1B tokens.
Polymath (POLY) is a cryptocurrency and platform that simplifies the process of creating and managing security tokens on the Ethereum blockchain. By focusing on compliance and regulatory requirements, Polymath aims to bridge the gap between traditional financial markets and the cryptocurrency space. This allows for increased investor protection and wider adoption of security tokens within regulated markets.
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Frequently Asked Questions
POLY has a circulating supply of ~109.8M tokens out of a total supply of 1B.
Polymath spearheaded ERC-1400, a unified standard for security tokens on Ethereum designed to embed regulatory compliance directly into token contracts, enabling automated transfer controls including KYC/AML verification, conservation of beneficial ownership rights for custodied assets, and automation of corporate actions like capital distribution and voting.
POLY is the utility token fueling the Polymath Token Studio on Ethereum, used by issuers for creating and managing security tokens on the platform, paying for services including token creation, KYC/AML verification, and legal compliance.
The platform supports regulatory-compliant security tokens representing equity, debt, and real estate. More broadly, Polymath introduced ST-20/ERC-1400 to tokenize assets such as equity, real estate, and bonds, targeting both traditional and new asset classes. The focus is squarely on regulated securities. The platform is not designed for utility tokens or commodities, but specifically for assets that require compliance infrastructure: private equity, fund interests, corporate bonds, real estate investment vehicles, and structured products.