Polymesh
Polymesh is a public permissioned layer-one blockchain purpose-built for regulated real-world asset tokenization, enabling compliant issuance and settlement of financial products. The platform embeds identity verification, compliance rules, and confidentiality directly into the protocol layer, eliminating the need for custom smart contracts. Its v8 upgrade introduced EVM compatibility, permissionless onboarding, and zero-knowledge-proof-based Confidential Assets for private transfers.
- Blockchain & Cryptocurrency
- Financial Technology
- Regulatory & Compliance Technology
- Software Only
Funding
Founders
Founder details are not available yet.
Product
Problem
Tokenizing regulated financial assets on general-purpose blockchains requires custom smart contracts and fragmented rule engines to manage identity, compliance, and settlement, introducing complexity and risk where institutions expect reliability. Institutions also face friction from lengthy onboarding processes, uncertain settlement finality, and limited privacy for sensitive transaction data.
Solution
Polymesh provides a public permissioned layer-one blockchain that manages essential token lifecycle workflows at the protocol level, collapsing complexity into a single chain. Built-in identity verification, a flexible compliance rules engine, and confidentiality features enable institutions to issue and settle regulated assets with regulatory alignment from the start. The platform offers deterministic finality with near-instant settlement, two-way affirmation, and rights-based visibility that keeps transaction details private while allowing controlled disclosures to auditors. Polymesh v8 adds EVM smart contract compatibility, permissionless onboarding, and Confidential Assets using zero-knowledge proofs to keep sender, receiver, asset, and amount private while retaining auditor and mediator controls.
Target Audience
Primary users are financial institutions, custodians, asset issuers, and regulated entities tokenizing real-world assets such as securities, funds, and other financial products, as well as developers building compliant tokenization applications.
Features
- Protocol-level token functionality with native identity, compliance, and confidentiality, eliminating the need for custom smart contracts per asset
- Built-in identity verification for all accounts, with only licensed or regulated financial entities able to run validator nodes
- Sophisticated rules engine that automatically enforces eligibility, jurisdictions, limits, and transfer restrictions, with rules updatable at any time
- Confidential Assets using zero-knowledge proofs to keep transfer details private while supporting auditor and mediator oversight
- Deterministic finality with two-way affirmation and near-instant settlement, with automatic receiver affirmation as default in v8
- EVM compatibility through a dual-VM contract engine, allowing Solidity developers to deploy with standard Ethereum tooling
- Fork-resistant governance with onchain control mechanisms and runtime logic ensuring one canonical version
- Polymesh Private offering for enterprise use cases requiring extra privacy and control