HomeNewsEntoro Capital Becomes Node Operator on New Polymesh Blockchain
Entoro Capital Becomes Node Operator on New Polymesh Blockchain

Entoro Capital Becomes Node Operator on New Polymesh Blockchain

Last updated 12th Apr 2022

Global investment bank and advisory Entoro Capital is now working as a node operator and helping to secure the Polymesh blockchain, currently in testnet phase.

Polymesh is an institutional-grade permissioned blockchain purpose-built by Polymath to ensure security tokens meet the requirements of modern capital markets. Unlike most other blockchains, node operators on Polymesh must be known, trusted, and verified capital markets participants, like Entoro. This enables the chain to overcome issues with pseudonymity that previously prevented regulated markets from migrating to the blockchain. 

“Traditional investment banking processes can be made much more efficient by leveraging modern technology like blockchain, but it  needs to be optimized for the financial industry in order to comply with regulatory requirements.” said James Row, managing partner of Entoro. “Polymesh is unique as a blockchain optimized for regulated markets and assets, and its technology and infrastructure have immense potential to improve the efficiency of traditional investment banking processes”.

Being purpose-built for security tokens enables Polymesh and its applications to overcome the challenges involving identity, compliance, confidentiality, and governance hindering security token adoption on more generic blockchains like Ethereum. Polymesh is anticipating its mainnet launch later in 2021 but users can now participate in the Incentivized Testnet (ITN). The ITN does not involve the use of real assets.

Based in Houston, Texas, Entoro was formed in 2016 with the aim of leveraging technology to increase efficiency in product offerings and operations. Entoro provides a wide array of new and innovative investment vehicles, strategies, valuation products, and advisory services using new digital and crypto products and services. The firm has built a portfolio of digitally-focused solutions for raising capital, financial advisory, securities offerings, tokenization, and valuation.

“Node operators are integral to Polymesh’s infrastructure and our operators like Entoro play an important role in keeping the chain secure and in optimal operation” said Chris Housser, interim CEO at Polymath. “We’re excited that Entoro, a leader in digital asset finance and technology, chose to work as a node operator on Polymesh.”

Staff Writer

Staff Writer