Toronto, Canada, December 15th, 2025, Chainwire

New capability enables confidential, audit-ready asset transfers on a public permissioned blockchain.

Polymesh, the public permissioned blockchain purpose-built for regulated assets, today announced the launch of Confidential Assets on the Polymesh DevNet. This new capability introduces private, fully auditable settlement flows for real-world assets (RWAs), enabling institutions to conduct onchain activity without exposing sensitive positions, transaction sizes, or counterparty information.

The launch of Confidential Assets allows institutional participants to move RWA workflows onchain while keeping participant identities, balances, and transfer amounts confidential, with controlled visibility for auditors and regulators.

Confidential Assets are powered by P-DART, a protocol developed by Polymesh Labs in collaboration with researchers at the University of Edinburgh. The system encrypts key elements of a transaction – including identity, amounts, and asset identifiers – while maintaining verifiability and settlement finality. The approach allows issuers to appoint auditors who can decrypt activity when required for regulatory, legal, or operational reasons.

Institutions have historically faced a trade-off between staying in private, siloed environments to preserve confidentiality or operating on public chains that introduce transparency incompatible with market workflows. Confidential Assets are designed to remove this tension by combining privacy with enforcement and oversight on a public permissioned network.

Key Capabilities

• Encrypted balances, amounts, and identities, preserving confidentiality for market participants.
• Designated auditor access, enabling regulated entities to view transaction details for reporting or dispute resolution.
• Non-interactive confidential transfers, supporting asynchronous workflows used in institutional settings.
• Issuer-led force transfer support, allowing corrections related to errors, legal actions, or key loss within appropriate frameworks.
• Multi-asset atomic settlement, enabling confidential multi-leg transactions to settle simultaneously.

The DevNet release provides a dedicated environment for developers and market operators to test confidential settlement workflows ahead of future testnet and mainnet deployments without impacting broader network stability. The environment is suited for prototyping confidential OTC workflows, private asset issuance, fund operations, block trades, and other regulated market structures.

Confidential Assets are available now on the Polymesh DevNet for developers, custodians, tokenisation platforms, and market operators evaluating confidential settlement workflows ahead of future network rollouts. To access the DevNet, users can go to https://devnet-confidential.polymesh.dev/.

About Polymesh Labs

Polymesh Labs is dedicated to the growth of the Polymesh ecosystem through Polymesh and Polymesh Private. Polymesh is a leading public permissioned blockchain purpose-built for real-world assets that streamlines capital markets and opens the door to new financial products. Polymesh Private is a private permissioned instance of Polymesh that can be deployed by enterprises.

Users can visit polymesh.network to learn more.

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