TruGolf Links engages Polymath for professional services & an on-chain cap table on Polymesh, facilitating issuance infrastructure and compliance as its franchise network scales toward more than 221 committed locations
SALT LAKE CITY, Utah, Oct. 14, 2026 (GLOBE NEWSWIRE) -- TruGolf Holdings, Inc. ("TruGolf") (NASDAQ:TRUG) today announced that its franchise subsidiary, TruGolf Links Franchising, LLC ("TruGolf Links"), has signed an intercompany agreement with Polymath Research Inc. ("Polymath"), TruGolf’s tokenization subsidiary, to provide professional services and move the TruGolf Links capitalization table onto Polymath’s regulated digital securities infrastructure.
The agreement comes six days after TruGolf completed its acquisition of Polymath on October 8, 2026, and is the first Polymath engagement signed inside the combined company. It also lays the groundwork for the equipment leasing program and fractional franchise ownership opportunities for qualified franchisees that TruGolf Links and Polymath are developing, with initial rollout targeted for the first quarter of 2027.
TruGolf Links is built on Regional Developers who acquire exclusive territories in markets of one million people or more. The network opened its flagship location at Plaza at Cherry Hill, New Jersey, in July, and its Regional Developers in New Jersey, New York, and Illinois represent commitments for more than 221 future locations. A franchise system that grows territory by territory needs ownership records that can keep pace. Under the agreement, Polymath will migrate TruGolf Links’ equity records to a tokenized cap table on Polymesh, a regulated blockchain designed for compliant assets, and build investor onboarding, identity verification, and transfer restrictions directly into the token, designed to facilitate compliance with applicable securities law requirements and regulatory concerns.