Latest news with #Polymath
Associated Press
2 days ago
- Business
- Associated Press
Polymath Research Inc. to Present at the Blockchain and Digital Assets Virtual Investor Conference June 5th
TORONTO, June 04, 2025 (GLOBE NEWSWIRE) -- Polymath Research Inc., based in Toronto is a fintech company pioneering the infrastructure for compliant tokenization of real-world assets on the blockchain. Today it was announced that Vince Kadar, CEO, will present live at the Blockchain and Digital Assets Virtual Investor Conference hosted by on June 5th, 2025 DATE: June 5th TIME: 10am EST LINK: REGISTER HERE Available for 1x1 meetings: June 5, 6, 9, 10 This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event. It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates. Learn more about the event at Recent Company Highlights On May 13th, AnalytixInsight Inc. (TSXV: ALY) (OTC Pink: ATIXF) announced an amended and restated amalgamation agreement (original amalgamation agreement was dated March 3rd, 2025) relating to the upcoming Reverse Takeover (RTO) transaction. This transaction involves a three-cornered amalgamation where Polymath and a wholly-owned subsidiary of AnalytixInsight will merge to form a new entity, resulting in Polymath becoming a wholly-owned subsidiary of AnalytixInsight. Following the RTO, AnalytixInsight plans to change its name to 'Polymath Network Inc.' and consolidate its shares on a 25:1 basis. The exchange ratio for Polymath shareholders has been adjusted from 4.292 to 6.25427 AnalytixInsight shares per Polymath share, reflecting Polymath's increased valuation after acquiring assets from Polymesh Association, including the Polymesh blockchain and POLYX tokens. The transaction's completion is contingent upon shareholder and regulatory approvals, as well as the successful closing of a concurrent financing round aiming to raise at least $18.75 million through the issuance of subscription receipts. The annual general and special meeting of AnalytixInsight shareholders to approve the transaction has been rescheduled to August 25, 2025. On May 13, 2025, pursuant to the Asset Purchase Agreement, Polymath, indirectly through Polymesh Labs, agreed to acquire certain assets and assumed certain liabilities of Polymesh Switzerland, including POLYX tokens held by Polymesh Switzerland (the 'Polymesh Labs Acquisition'). Polymesh Switzerland is a not for profit association formed under the laws of Switzerland and is an Arm's Length Party (as such term is defined in the policies of the TSXV). The Polymesh Labs Acquisition is subject to certain conditions, and is expected to close prior to the Transaction. The Polymesh Labs Acquisition will enable Polymesh Labs' principal business to include the oversight of the Polymesh blockchain, including POLYX tokens associated with the Polymesh blockchain, and the development of TokenStudio, the Polymesh wallet, other software application, and further investment in developing the Polymesh ecosystem. The Polymesh blockchain is a Layer-1 public-permissioned blockchain using Polkadot's modular tool substrate framework that is designed for tokenizing real-world assets. It builds on the ERC1400 standard and layers in additional capabilities around governance, identity, compliance and confidentiality. POLYX tokens are the native tokens of the Polymesh blockchain and are used as a utility tokens to provide holders access to the Polymesh blockchain. POLYX tokens are only created when block rewards are minted to reward those that participate in the proof-of-stake consensus mechanisms that validates transactions and produces new blocks on the blockchain. These participants are referred to as 'validators' and 'nominators', collectively referred to as 'stakers'. About Polymath Research Inc. Polymath's principal business is the creation of its flagship white label SaaS technology solution, referred to as Polymath's Capital Platform, which includes the Polymath dApps and enables customers to create platforms to tokenize real-world assets. Polymath's Capital Platform technology solution is available for license by third parties. Under this licensing arrangement, Polymath may provide technology services to its customers for the setup, maintenance, and support of their use of Polymath's Capital Platform technology solution. In each case, Polymath works with, or will work with, the customer to tailor the technology to the particular requirements of the customer and the assets to be tokenized. Polymath as a technology services provider is not registered with any Canadian or foreign securities regulatory authority and its services do not include acting as a broker or the promotion or marketing of securities. Polymath also generates revenue by staking proprietary POLYX token that is held in its treasury. Staking is not a service offered to third parties, but it is a revenue stream that monetizes treasury assets. Crypto staking is an important aspect of the nominated proof-of-stake consensus mechanism, which defines which blocks get written to the blockchain, as well as the blockchain network's roles, rules, and incentives. Polymath stakes 100% of the POLYX tokens held in its treasury, with 50% of the staking rebonded on the Polymesh blockchain and the other 50% converted to fiat and bitcoin reserves. About Virtual Investor Conferences® Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors. Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors. CONTACTS: Polymath Research Inc. Vince Kadar CEO [email protected] +1-613-276-0695 Virtual Investor Conferences John M. Viglotti SVP Corporate Services, Investor Access OTC Markets Group (212) 220-2221 [email protected]
Express Tribune
3 days ago
- Business
- Express Tribune
Karachi hackathon showcases real-world solutions powered by generative AI
Listen to article The Build with AI Mini Hackathon, hosted at Folio3 on May 31, 2025, brought together over 120 participants — a mix of professionals, students, and tech enthusiasts — for a high-energy, four-hour innovation sprint centered on Generative AI. Organized by GDG Kolachi in collaboration with Folio3, the event showcased how AI can address pressing real-world challenges. The day opened with two impactful sessions that set the tone: 'Vibe Coding' by Muhammad Aashir and Hassan Mujtaba, which ignited the room with creativity and curiosity, and 'Vertical AI Agents' by Jaya Rajwani, Technology Lead at iENGINEERING, who explored the rise of domain-specific AI agents in transforming digital ecosystems. Working under tight constraints, 25 teams prototyped solutions powered by Gemini, Google's latest generative AI technology. Projects spanned diverse domains, including vehicle detection, FIR automation, import-export document intelligence, AI bidding systems, urban sanitation monitoring, and public transport tracking — all within just four hours. Participants were guided by an incredible team of mentors, including Raheel Siddiqui (Mozaik), Zain Ahmed (Neem), Farah Mehboob (Valider), Umar Shaikh (EY), Huzaifa Shahbaz (Swift Dynamics), Muhammad Taha (Consultant), Saleha Shujaat (Software Engineer), Ramsha Zaheer (Propellus), Eman Ahmed (Technical Consultant), Talha Ashraf (Polymath), Rashid Wassan (DevOps Engineer), and Arbab Siddiqui (Folio3). Their real-time feedback and support elevated team ideas from concept to MVP, making the mentorship experience a highlight of the event. The hackathon concluded with three winning teams, each receiving a PKR 25,000 cash prize. The judging panel — comprised of industry leaders Aaqib Sayed (DigitalOcean), Yunus Jamal (Atompoint), and Talha Ashraf (Polymath) — evaluated submissions based on innovation, relevance, and technical execution. The event was more than just a competition; it was a celebration of community, creativity, and the potential of AI. With Folio3's generous venue support and GDG Kolachi's seamless execution, the Build with AI Mini Hackathon proved that Karachi's tech ecosystem is not just growing — it's thriving.
RNZ News
22-05-2025
- Entertainment
- RNZ News
Putting the fun in maths
Polymath founders have their game being used in half of New Zealand's primary schools. Sophie and Christian Silver were looking for a solution to kids' anxiety to try doing maths work when they landed on creating a game. Polymath is a website and app game that lets kids control a character and explore a virtual world, with their own island. Players interact with and build new objects, but to continue the game there are maths questions that need answering along the way. It's spread to schools largely through word of mouth, and as it is free, teachers do not need to make a budget request to get their classes started on the game. As well as New Zealand schools, Polymath is being picked up by schools as far as the US, UK and Canada. Sophie and Christian Silver speak to Kathryn about the inspiration behind the game and where they want to take it. Photo: Supplied by Polymath
Yahoo
01-05-2025
- Business
- Yahoo
Crypto for Advisors: Global Elections and Crypto
Trump's election campaign focused on crypto, and already in his first 100 days in office, we've seen progress in support of the crypto industry. Canada held an election on Monday — can we expect the same focus on crypto in other regions? In today's Crypto for Advisors, Morva Rohani from the Canadian Web3 Council explains what this political shift means for advisors and why it's important to align crypto with financial system upgrades. Then, Vincent Kadar from Polymath answers questions about global trends in Ask an Expert. – Unknown block type "divider", specify a component for it in the ` option Canadians have voted. While digital assets are not a priority in the new government's agenda, there is an opportunity to position crypto as part of Canada's broader financial modernization efforts. Whether the Liberal Party ultimately forms a narrow majority or a strengthened minority, the direction is clear. Stability is fragile, and political capital will be focused on economic resilience. That focus has only sharpened with the return to office of President Trump, whose economic strategy includes both sweeping tariffs on Canadian goods and open support for crypto infrastructure in the United States. Against that backdrop, Canada's digital asset sector must pivot its message. Canadian Prime Minister Mark Carney's background as a central banker points toward a focus on systemic risk, monetary policy stability and prudent innovation. Crypto will not be a top agenda item, but stablecoins, payments modernization and blockchain-based settlement infrastructure could find a place under a broader modernization umbrella. This means preparing for a few emerging trends: Efforts to regulate stablecoins where they improve payment speed and security A potential push for custody reforms that would expand client access to compliant digital asset solutions A gradual move toward clearer regulatory expectations, with an emphasis on due diligence and market integrity Crypto has the potential to be treated as financial infrastructure rather than a speculative outlier, but only if the industry advocates strategically and positions itself as part of Canada's economic modernization. While Canada moves cautiously, other markets are moving fast. The European Union's MiCA framework is now live. The United Kingdom is advancing stablecoin licensing. In the United States, President Trump's return has brought an aggressive push for crypto as part of his economic strategy, alongside sweeping tariffs on Canadian exports. This combination has forced economic modernization to the top of the agenda in Ottawa. Digital assets are increasingly being used as economic tools, not just financial experiments. Trump's posture has reframed crypto as part of national competitiveness, and other jurisdictions are responding. For Canada to remain relevant, integrating blockchain and digital payments into the country's financial infrastructure is no longer just an innovation play; it is becoming a strategic necessity. That is the case the industry will need to make in Ottawa. Here's an overview of where key crypto initiatives in various jurisdictions currently stand: Unknown block type "table", specify a component for it in the ` option Canada's political landscape is shifting. For the digital asset industry to make meaningful progress, it must reposition crypto as essential financial infrastructure. The focus needs to be on resilience, modernization and economic competitiveness, not speculation. Advocacy efforts must tie digital assets to broader national priorities like upgrading payment systems, enhancing financial stability and maintaining Canada's economic relevance in a changing global economy. This approach matters for advisors and investors as well. As regulatory frameworks evolve, demand for compliant and diversified digital asset exposure will only grow. Those who understand how crypto fits into trusted financial structures, and who frame it as part of a broader modernization of financial services, will be better positioned to capture new opportunities. Those who adopt this mindset early, across both the industry and advisory sectors, will not only help shape Canada's next generation of financial regulation but will also be best placed to benefit from the growth and innovation that follow. - Unknown block type "divider", specify a component for it in the ` option Q. How have the recent U.S. elections changed the crypto regulatory landscape? A. The 2024 U.S. elections ushered in a major shift in crypto regulation. Over the last three months, the Trump administration has made several significant moves in line with the promises the President made to the industry. This includes an executive order to establish a Bitcoin Strategic Reserve, the appointment of a Crypto Czar, the creation of a crypto task force, and, roundtable discussions on topics such as taxonomy, tokenized securities, custody, registration and DeFi. Even key regulatory bodies have rescinded their guidance that discouraged banks' involvement in crypto. All of these moves have been in an attempt to position the U.S. as a leader in the digital asset space. Given that the U.S. crypto market is the largest and most influential in the world, these positive developments are likely to help drive crypto regulations globally. Overall, for the first time, we are getting a crypto-friendly regulatory environment, though more clarity and a proper framework will take time to establish. Q. How are fragmented political landscapes around the world affecting stablecoin development and adoption? A. One of the best use cases of crypto, stablecoins, has become a significant part of the financial system and naturally attracted regulatory scrutiny. But the global regulatory environment remains fragmented, creating uncertainty. In the U.S., authorities are actively working on stablecoin regulations. However, the E.U. and Asia are not keen on U.S.-pegged stablecoins gaining widespread adoption locally, seeing them as a potential threat to their own monetary sovereignty. Stablecoins, after all, undermine local currencies and enable capital flight, driving countries to digital fiat, which further complicates the matter. But with the world moving towards a digital financial system, the benefits of stablecoins — including financial inclusion, faster and cheaper cross-border payments, enabling DeFi participation and even serving as a hedge against inflation — simply can't be ignored. This means that countries must recognize the growing popularity of and demand for stablecoins, and embrace innovation, or risk being left behind. - Vincent Kadar, CEO, Polymath Unknown block type "divider", specify a component for it in the ` option Hockey and crypto — Canadian crypto platform Ndax partners with the National Hockey League (NHL). The United Kingdom announced plans to collaborate with the U.S. to increase 'responsible' adoption of crypto. Will Arizona become the first U.S. State to form a Bitcoin Reserve?
