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SCRYPT's Trading Volumes Increased 18 x year on year, more than doubling client book. SCRYPT, a leading provider of crypto asset financial services, today announces the successful close of a $5 million
Polymath Grows Polymesh Blockchain Node Operators with Scrypt Asset Management AG
Scrypt Asset Management, a Swiss company that provides institutional investment solutions for digital assets, is now running an authoring node on the new Polymesh blockchain.
Polymesh, currently in testnet phase, is an institutional-grade blockchain specifically for regulated securities that was purpose-built by Polymath to address the regulatory gaps in existing blockchains such as Ethereum. Polymesh’s specificity gives it and the applications built on top an advantage in meeting capital markets requirements – particularly around identity, compliance, confidentiality, and governance.
Differing from general-purpose blockchains, Polymesh requires its node operators to be known, trusted, and verified capital markets participants. This approach removes the issues that occur when on-chain transactions are confirmed by pseudonymous entities in unknown jurisdictions, which is why Polymath views compa