Company Research Report: Polytrade



Company Overview



  • Company Name: Polytrade

  • Mission: To facilitate real-world asset discovery, tokenization, and liquidity using blockchain technology.

  • Founded: 2022

  • Founder: IIT-Bombay graduate, Piyush Gupta

  • Key People:

  • Piyush Gupta, Founder & CEO

  • Ashish Sood, Chief Product Officer

  • Milind Bansia, Head of Strategy

  • Rishi Sharma, Principal Engineer

  • Mohammad Zakeri Rad, Blockchain Developer

  • Odai Dayoub, Senior Full Stack Developer

  • Dharmin Panchotiya, Product Designer

  • Sayali Pandey, Treasury Manager

  • Khawla Hassan, Project Manager

  • Shreya Berry, Marketing Manager

  • Rakesh KM, Operation Lead - India

  • Mohamad Hammoud, Full Stack Blockchain Developer

  • Parth Raj Bisht, Software Engineer

  • Tara Mathew, Full Stack Developer

  • Headquarters: Intershore Chambers, Road Town, Tortola, British Virgin Islands 🇻🇬

  • Number of Employees: No information is available.

  • Revenue: No information is available.

  • Known For: Providing a marketplace for real-world asset discovery, tokenization, and liquidity.


Products



Marketplace


  • Description: A platform for discovering, tokenizing, and trading a diverse array of assets including credit, real estate, commodities, collectibles, and luxury goods from various chains.

  • Key Features:

  • Discovery: Users can find and compare assets using an intuitive interface.

  • Seamless Transactions: Ensures smooth and secure transactions.

  • Secondary Liquidity: Enables secondary sales for previously illiquid assets.

  • Multi-Chain Compatibility: Access opportunities across multiple blockchain networks from a single point of entry.

  • Fractional Ownership: Allows users to own a fraction of an asset, making investments accessible to different budgets.

  • Reduced Costs: Minimizes administrative costs.

  • Global Reach: Access to assets from around the world.


Other Products


  • Loyalty Portal

  • Description: A rewards system that aggregates and incentivizes demand from RWA users.

  • Key Features: Distribution channel for Polytrade and partners, offering partner rewards to users.


  • Reflections NFT

  • Description: No detailed information available.


  • Lender V2

  • Description: No detailed information available.


  • $TRADE Staking

  • Description: No detailed information available.


Recent Developments



Company Developments


  • 2024 Updates:

  • Polytrade announced entering Polytrade 2.0, highlighting two interrelated business lines: RWA Marketplace and Institutional Technology.

  • RWA Marketplace: Aims to solve problems such as discovery, onboarding, cross-chain access, ticket sizes, secondary liquidity, usability, and demand aggregation.

  • Institutional Technology: Will involve working with banks, institutions, and corporates on challenges related to tokenization and marketplace technology.


New Products and Features


  • $TRADE Listing: Announced the listing on cryptocurrency exchange CoinDCX.

  • Mainnet Launch: Launched the Mainnet to provide working capital for SMEs using crypto liquidity.

  • Polytrade RWA Marketplace: Launched Phase 2 of the marketplace, with upcoming Phase 3 set for public launch.


Partnerships


  • Mastercard: Part of the MasterCard StartPath Cohort and one of the first applications on the Mastercard MTN Network.

  • Ondo, OpenEden, Maple, 4K: Recent partnerships for RWA token integration.


Contact Information


  • Address: Intershore Chambers, Road Town, Tortola, British Virgin Islands 🇻🇬

  • Find Them On:





  • Email: Contact through the website's support email available in the "Contact Us" section of their site.