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Institutional-Grade Compliance Infrastructure Positions Itself at Tokenization's Next Frontier

Globe Newswire•15/10/2026•08:30 ET
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Key Highlights

  • ➤BlackRock (BLK) receives authorization for HKD Digital Liquidity Fund
  • ➤Nasdaq (NDAQ) partners with Payward, including $100 million investment
  • ➤ICE invests in OKX, gains board seat and plans strategic collaboration
  • ➤Coinbase (COIN) receives Abu Dhabi license to arrange investments and provide custody
  • ➤TruGolf reports $5 million Q1 2026 revenue; Polymath adds $4.2 million revenue

Expert Statements

Larry Fink, CEO of BlackRock

“every stock, every bond”

Natalie Hirsch, CFO and COO of TruGolf; previously Polymath CFO and interim CEO

“Tokenization is moving out of the pilot stage, and the institutions leading that shift need infrastructure they can trust with regulated assets. That is what Polymath has spent the past nine years building, and it is why Polymesh was designed with compliance at the protocol level. Joining a Nasdaq-listed company gives us the capital access and public-market discipline to scale with our clients.”

AUSTIN, Texas, Oct. 15, 2026 (GLOBE NEWSWIRE) -- AINewsWire Editorial Coverage: Wall Street's largest institutions are no longer just experimenting with blockchain. BlackRock CEO Larry Fink has predicted that “every stock, every bond” will eventually trade on a shared, tokenized ledger. Forbes reported in August that institutions are pushing toward a tokenized market some observers believe could eventually reach $13 trillion. Treasuries and securities are already moving on-chain. The next wave is real-economy assets: equipment, franchises, real estate and private credit. The bottleneck is compliance. Assets that carry securities obligations need identity, transfer restrictions and regulatory controls built directly into the ledger itself. That is the layer TruGolf Holdings Inc. (NASDAQ: TRUG) (profile) now owns, through its acquisition of Polymath Research Inc. and Polymath’s Layer-1 blockchain, Polymesh. TruGolf plans to prove that infrastructure out inside its own franchise network first. The timing is notable. Earlier this month, Polymath announced it is exploring a tokenized film investment platform with CineCity Studios, which operates a 140,000-square-foot Chicago production facility and TruGolf’s infrastructure beyond golf and into entertainment finance. With the closing of the acquisition, TruGolf is now positioned in the market for regulated tokenization and digital securities infrastructure, a sector in which leaders such as BlackRock Inc. (NYSE: BLK), Nasdaq Inc. (NASDAQ: NDAQ), Intercontinental Exchange Inc. (NYSE: ICE) and Coinbase Global Inc. (NASDAQ: COIN) are operating. * Institutional tokenization has moved well past the pilot stage. Reports suggest that every stock and every bond will eventually trade on a shared, tokenized ledger. * Polymath has reported more than $132 million in tokenized assets issued, more than 65 active issuers and 50-plus ecosystem partners. * Rather than simply acquiring tokenization technology and waiting for outside customers, TruGolf is building its first real use case in-house. * A common criticism of tokenization-focused public companies is that the underlying business is thin or purely speculative. That critique does not hold up well against TruGolf's combined financial profile. * Infrastructure and revenue numbers matter, but so does who is running the combined company and which institutions are willing to stand next to an organization. Click here to view the custom infographic of the TruGolf Holdings editorial.

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