TruGolf Holdings, Inc. (NASDAQ: TRUG) announced that its franchise subsidiary, TruGolf Links Franchising LLC, has signed an intercompany agreement with Polymath Research Inc., its recently acquired tokenization subsidiary, to migrate TruGolf Links equity records onto Polymath's regulated digital securities infrastructure. The agreement, signed six days after TruGolf completed its acquisition of Polymath on Oct. 8, 2026, marks the first Polymath engagement within the combined company.
Under the agreement, Polymath will establish a tokenized capitalization table on its Polymesh blockchain, incorporating investor onboarding, identity verification and transfer restrictions to support regulatory compliance. The initiative is designed to support TruGolf Links franchise expansion, including commitments for more than 221 future locations across New Jersey, New York and Illinois, while laying the groundwork for an equipment leasing program and fractional franchise ownership opportunities for qualified franchisees, with an initial rollout targeted for the first quarter of 2027.
This development matters because it represents an early use of blockchain technology for managing franchise ownership records, potentially increasing transparency, liquidity, and efficiency in franchise equity management. If successful, it could set a precedent for other franchise businesses to adopt similar tokenized structures, enabling fractional ownership and new capital formation models. For TruGolf, the move supports its aggressive expansion plans by potentially streamlining investor onboarding and compliance, which could accelerate franchise growth and attract a broader pool of investors.
Investors can view the full press release at https://nnw.fm/RZESf. The latest news and updates relating to TRUG are available in the company's newsroom at https://nnw.fm/TRUG.
NetworkNewsWire ("NNW") is a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers access to a vast network of wire solutions via InvestorWire, article and editorial syndication to 5,000+ outlets, enhanced press release enhancement, and social media distribution via IBN to millions of social media followers.
For more information, please visit NetworkNewsWire. Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: https://www.NetworkNewsWire.com/Disclaimer.
