Polymath in Joint-Venture with 7Pass Announces First Private Security Token

Polymath enables trillions of dollars of securities to migrate to the blockchain project. Polymath eliminates the intermediaries and financial structures that hinder the deployment of equity. While 7Pass will provide an investment vehicle spanning a spectrum of emerging investment opportunities in the cannabis sector.

Polymath has now announced joint-venture (JV) with 7Pass, for the project fetching the multi-trillion-dollar securities market via its industry-first security token platform.

The hybrid investment company concentrated on the emerging global legal cannabis market, would be its first company to create a private security token using the Polymath platform.

The “7Pass” Token is being generated with Polymath’s ST-20 standard, which helps ensure it is compliant with both existing KYC/AML and securities laws.

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