BitGo and Polymesh to Advance Real-World Asset Tokenization

BitGo has entered a strategic partnership with the Polymesh Association, marking a significant step in its real world asset (RWA) tokenization efforts. The collaboration establishes Polymesh as BitGo’s first purpose-built layer 1 blockchain for RWA infrastructure, following BitGo’s recent acquisition of Brassica to strengthen its presence in the tokenization space.

BitGo will integrate its custody services with the Polymesh blockchain, enabling institutions to access tokenized asset infrastructure while maintaining separation between custody and exchange. The partnership aligns with increasing institutional demand for digital assets backed by rigorous compliance, security, and regulatory frameworks.

“BitGo understands the regulatory climate in the United States”

Dave Yom, Director of Ecosystem Sales at BitGo, said, “Our partnership with Polymesh enables us to bridge the gap between traditional finance infrastructure and blockchain-based assets. By selecting Polymesh as our first RWA blockchain, we’re expanding our ability to provide comprehensive, compliant infrastructure that supports both traditional private securities and tokenized assets. This is another step towards our vision of creating a more accessible, borderless financial ecosystem.”

Polymesh’s blockchain was designed specifically for regulated assets, offering onchain identity, multi-party settlement workflows, governance tools, and a flexible custodial model. These capabilities appealed to BitGo as it seeks to develop its RWA strategy around purpose-built, compliant infrastructure. Two issuance platforms have already committed to using BitGo’s custody services on Polymesh, extending the ecosystem’s reach across exchanges and alternative trading systems.

Bill Papp, CEO of the Polymesh Association, said, “Institutions need more than just a trading platform—they require sophisticated asset management with rigorous compliance, security, and regulatory oversight. We’re excited to partner with BitGo, which understands the regulatory climate in the United States and globally and the issues that financial institutions face with tokenization technology.”

BitGo manages over $100 billion in digital assets and provides institutional services including wallets, staking, settlement, and financing. With regulated entities in key markets and a client base spanning 90 countries, BitGo brings custody infrastructure capable of supporting tokenized private securities on a global scale.

Polymesh, developed as a public permissioned blockchain, streamlines regulatory compliance while supporting real-world financial products. Its companion product, Polymesh Private, enables enterprise deployments of the same technology in private environments.

The partnership signals growing momentum behind blockchain applications in regulated finance, as firms look to modernize securities infrastructure without compromising regulatory standards. By combining BitGo’s custodial architecture with Polymesh’s specialized blockchain environment, the two companies aim to set a benchmark for tokenizing real-world assets at scale.