Polymath Research Inc. has partnered with High Ridge Trust to link its enterprise tokenization platform with regulated U.S. custody and client-directed trading infrastructure for tokenized assets. The arrangement targets real-world asset tokenization and is intended to provide institutions with compliance and operational tools for participating in tokenized markets. TruGolf Holdings, which has agreed to acquire Polymath, gained 34.81% in premarket trading Friday after the announcement, with roughly 80 million shares changing hands by midday, more than 12 times its three-month average volume. The proposed all-share acquisition has not closed and remains expected in the third quarter of 2026, subject to customary conditions. Separate Friday market coverage reported TruGolf up 37.75% to 51 cents, reflecting a different trading snapshot.