Polymath Unveils Stacked Board of Advisors, First Token Issuers & a ‘GitHub for Lawyers’

September 27, 2024         By: Michael Millington

New York, NY - September 26 - Polymath, the first-ever securities token launch pad, has today announced the formation of a star-studded advisory board to steer the company through its fall launch, support platform development, and prioritize business partnerships with traditional financial companies planning to tokenize securities. Powered by the blockchain and smart contract technology, Polymath enables digital tokens to represent shares in traditional financial assets like private equity, stocks, debentures, commodities, VC funds, real estate, royalties, and insurance - assets that function far better as tokens. The advisory board includes Chairman of Factom David Johnston, CEO of Jaxx Anthony Di Iorio, Bitcoin Foundation’s Bruce Fenton, CEO of ShapeShift Erik Voorhees, Co-Founder of Ethereum Steven Nerayoff, Chief Information Security Officer at ShapeShift Michael Perklin, Co-Founder & President at Blockchain Nic Cary, CEO of BraveNewCoin Fran Strajnar, Co-Founder of Bloq and Tally Matthew Roszak, Founder of NextBlock Global and author of “Blockchain Revolution” Alex Tapscott, Gary Rubinoff of Summerhill Ventures and renowned blockchain law firm Perkins Coie LLP.

CEO of Polymath Trevor Koverko said, “We have assembled some of the greatest minds in fintech, and we’ve needed to, because our project is the first of its kind. Our mission is to unlock the multi trillion dollar securities industry stampeding towards the blockchain. Polymath is a decentralized platform where businesses launch compliant securities tokens and global investors can access them instantly and add them to their portfolio. Polymath will regularly launch new securities tokens while creating an oasis of liquidity within the platform. Currently, there are up to 10 new tokens launching everyday and many of them will be deemed securities. The companies launching these tokens need access to investor capital and assistance in navigating the complex legal and technical functions of Initial Coin Offerings (ICOs), and their regulatory requirements. Polymath is guiding traditional financial companies like VC funds, Private Equity firms, and Real Investment Investment Trusts through a securities token generation process by automating key functions for them.”

Polymath will begin work with three companies as its first token issuers. MoNage Ventures, led by VOIP pioneer Jeff Pulver, Skyline Capital, a Toronto based REIT, and Canadian PE firm Digital Assets International are all confirmed for launches using Polymath’s platform in Q4.

To transform the legal phase of a securities token sale, Polymath is also launching an entirely decentralized, crowdsourced repository for legal counsel and regulatory guidance, where lawyers and blockchain professionals can contribute to,and be rewarded for, flagging and updating the evolving global securities regulations.

“This legal delegate system hasn’t been done before, and it will essentially be a GitHub for lawyers, legal professionals and global regulators. We’re constantly in contact with policy makers and encourage open discourse with them because with a technology so novel, so disruptive, and so revolutionary, we need to write the rule book collaboratively,” Koverko said.


About Polymath:

Polymath aims to be the industry first security token launch pad and disrupt the multi trillion dollar securities industry by creating an open platform that gives global businesses access to the blockchain, smart contracts and token creation technology. Polymath will make security tokens available to investors in a fully compliant and regulated manner. The platform will serve as a launch pad for companies looking to create and issue securities tokens by automating the complex legal and technical functions of a token sale. Polymath aims to do for securities tokens what Ethereum did for application tokens. Polymath’s mission is to become the open-source standard for launching AML/KYC compliant securities tokens. Polymath was founded in 2017 by Trevor Koverko. Koverko is a Silicon Valley entrepreneur, blockchain speaker, and cryptocurrency investor. Trevor founded eProf.com, an online education platform, and Digital Assets International, a world leading tech private equity firm. Trevor graduated academic All-Canadian from Canada’s top business school, Ivey, and was formerly a National Hockey league player, drafted by the New York Rangers in 2005. In 2015, Trevor’s Oculus Rift-based project became the world’s first VR exit. Polymath was co-founded by former Canadian military officer and blockchain lawyer Chris Housser. Polymath’s advisory board includes Chairman of Factom David Johnston, CEO of Jaxx Anthony Di Iorio, Bitcoin Foundation’s Bruce Fenton, CEO of ShapeShift Erik Voorhees, Co-Founder of Ethereum Steven Nerayoff, Chief Information Security Officer at ShapeShift Michael Perklin, Co-Founder & President at Blockchain Nic Cary, CEO of BraveNewCoin Fran Strajnar, Co-Founder of Bloq and Tally Matthew Roszak, Founder of NextBlock Global and author of “Blockchain Revolution” Alex Tapscott, Gary Rubinoff of Summerhill Ventures and renowned blockchain law firm Perkins Coie LLP.