tZERO signs technology integration agreement with Vertalo

By Pavithra R

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.