TruGolf Holdings Inc. (NASDAQ: TRUG) Is ‘One to Watch’
TruGolf’s pending acquisition of Polymath is intended to combine an established Nasdaq-listed technology company with institutional-grade infrastructure for tokenized real-world assets. Polymath reported more than $132 million in tokenized assets issued, more than 65 active issuers, and over 50 ecosystem partners as of December 31, 2025. Polymath’s vertically integrated infrastructure spans regulated asset issuance and administration, a purpose-built Layer-1 blockchain, confidential settlement, and protocol staking capabilities. Polymath reported $4.2 million in 2025 revenue and more than $1 billion in backlog expected to convert within 12 months, with the latter representing identified opportunities rather than guaranteed future revenue. TruGolf operates an…