TruGolf Holdings (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.
The move signals a significant step in applying blockchain technology to traditional franchise ownership structures. By tokenizing equity records, TruGolf aims to enhance transparency, streamline transfers, and potentially lower barriers for franchisee investment through fractional ownership. This could accelerate the company’s expansion plans by making it easier for qualified individuals to participate in franchise ownership. For more details, see the full press release at https://ibn.fm/RZESf.
TruGolf, founded in 1983, has a long history of innovation in indoor golf solutions, including award-winning video games, hardware, and the E6 CONNECT e-sports platform. The company’s mission is to grow the game by making it more available, approachable, and affordable. The latest news and updates relating to TRUG are available in the company’s newsroom at https://ibn.fm/TRUG. The original release can be viewed on www.newmediawire.com.
Investors should note that forward-looking statements involve risks and uncertainties, and actual results may differ materially. TruGolf undertakes no duty to update such information unless required by law. For full disclaimers, see https://IBN.ai/Disclaimer.
