back Back

tZERO signs technology integration agreement with Vertalo

By Pavithra R

February 04, 2021

  • America
  • Tzero
Share

tZERO, a leading financial technology company which owns, develops and operates a suite of fintech solutions for capital markets, has announced technology integration agreement with Vertalo, a cap table, compliance, and investor onboarding platform utilizing blockchain to connect and enable the digital asset economy.

Following the integration, Vertalo’s technology will be interoperable with tZERO’s technology stack, which powers the alternative trading system (ATS) operated by tZERO ATS, a FINRA member broker-dealer.

“We are excited to integrate Vertalo into the tZERO ecosystem. Issuers that have tokenized with Vertalo will now have private digital securities compatible with our trading ecosystem, providing them with a path to secondary liquidity,” said tZERO CEO Saum Noursalehi.

Vertalo, through its platform, connects and enables the digital security ecosystem by utilizing blockchain technology to manage digital cap tables, simplify investor onboarding, and facilitate secondary market liquidity. According to company data, currently, there are 35 companies utilizing Vertalo’s investor onboarding, tokenization and transfer agent services, including Deal Box, a capital markets consulting firm that aims to digitize 22 equity offerings through Vertalo on the Tezos Blockchain.

“We have collaborated with Saum, his development team, and their internal counsel to integrate Vertalo’s SEC-registered transfer agent into tZERO’s ecosystem and provide our customers with access to a market-leading secondary liquidity platform for digital securities, the tZERO ATS. Our goal is to lead the widespread adoption of digital assets, and this integration was a natural fit,” said Vertalo CEO and Co-founder Dave Hendricks.

Recently, tZERO partnered with Prime Trust to facilitate platform evolution

tZERO is a technology firm with the goal of democratizing access to private capital markets. It is a subsidiary of Medici Ventures, the blockchain-focused, wholly-owned subsidiary of Overstock.com.

Previous Article

February 04, 2021

Tonik teams up with FinScore to uplift digital lending for Filipinos

Read More
Next Article

February 04, 2021

Fiserv expands Cardless Access to Cash availability via nearly 2000 FIs’ card control apps

Read More






IBSi Daily News Analysis

cloud,

July 19, 2024

America

SMEs leverage cloud to gain competitive edge, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

5 FinTechs boosting Wealth Management in the USA

Read More

Today

Jifiti launches ‘Tap Now, Pay Later’ to enable banks to deploy loans with ease

Read More

Today

NatWest launches its banking app on Apple Vision Pro

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2024