What is Polymath

Polymath (POLY) is a platform enabling the creation, issuance and trading of security tokens and other financial instruments on the blockchain. Polymath enables trillions of dollars of securities to migrate to the blockchain allowing companies to take control of their equity issuance through smart contracts. Polymath established a new token standard (ST20) that enforces compliance by whitelisting authorised investors and their Ethereum wallet addresses. The POLY token is used for payments on the platform, which facilitates exchanges between issuers, investors, service providers and developers. You can safely and reliably buy, sell, send and store POLY at LiteBit.