Polymath Acquires Polymesh Assets with Guidance from Walder Wyss
Deal News | May 16, 2025 | Legal Community Swiss
Walder Wyss, a prominent Swiss legal firm, advised Polymath Research on its acquisition of specific assets and liabilities from Polymesh Association. The transaction includes the procurement of POLYX tokens held by Polymesh Association and aims to enhance the capabilities of Polymesh Labs through TokenStudio, a decentralized application built on the Polymesh blockchain. This acquisition enables TokenStudio to continue its successful issuance of over 200 tokens across both Ethereum and the Polymesh blockchain. Walder Wyss's team included partners and associates specializing in regulatory, tax, and M&A matters, ensuring comprehensive legal and tax support for the transaction.
Sectors
- Legal Services
- Blockchain & Cryptocurrency
- Technology
Geography
- Switzerland – Walder Wyss is a Swiss legal firm and the transaction involved Swiss legal and tax matters, indicating the geographic focus on Switzerland.
- Zug – Polymesh Association, the selling entity, is based in Zug, a hub for blockchain technology and associated regulatory developments.
Industry
- Legal Services – The article discusses the involvement of Walder Wyss, a legal advisory firm, in a transactional capacity.
- Blockchain & Cryptocurrency – The acquisition includes assets related to the Polymesh blockchain and POLYX tokens, which are central to the blockchain and cryptocurrency industry.
- Technology – The development and use of TokenStudio, a decentralized application on the Polymesh blockchain, situates the transaction in the technology sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Walder Wyss | Legal Advisor | Company | A Swiss law firm providing legal and tax advisory services. |
| Polymath Research | Buyer | Company | The company acquiring certain assets and liabilities of Polymesh Association. |
| Polymesh Association | Target/Selling Company | Company | The association holding assets and liabilities being acquired, including POLYX tokens. |
| Thomas Mller | Regulatory Partner | Person | Partner at Walder Wyss advising on regulatory matters in the transaction. |
| Marius Breier | Tax Partner | Person | Partner at Walder Wyss involved in tax matters for the transaction. |
| Vangelis Kalaitzidakis | Managing Associate | Person | Managing Associate at Walder Wyss, focusing on tax. |
| Fabian Akeret | Senior Associate | Person | Senior Associate at Walder Wyss handling M&A aspects of the transaction. |