Vertalo, a stakeholder registry and compliance platform for regulated security tokens has announced a collaborative effort to bolster the future of the security token economy with Securrency, a provider of financial and regulatory technology products for the tokenized issuance and trading of securities.
As both teams work together to develop best practices in the space, Vertalo will integrate Securrency’s CAT-20 and 721 security token protocols into the Vertalo Registry and Compliance interface, to enable broker-dealers, issuers and other digital asset ecosystem participants to work seamlessly with Securrency’s issuance service.
Users will also have access to Vertalo’s Stakeholder and Registry platform. Vertalo currently works with other leading providers of digital asset infrastructure services like PrimeTrust, OpenFinance, EarlyIQ, and VerifyInvestor.
Vertalo provides a valuable stakeholder registry and compliance service that connects digital asset service providers, issuers and investors together via simple APIs.
[perfectpullquote align=”full” bordertop=”false” cite=”Dave Hendricks, Co-founder and CEO of Vertalo” link=”” color=”” class=”” size=””]“Securrency has identified compliance as a precondition for adoption of digital assets by regulated financial institutions. Through its integration with Vertalo’s Registry and compliance service, Securrency enables issuers, broker-dealers and custody platforms to launch offerings that eliminate regulatory hurdles and meet internal risk management requirements.”[/perfectpullquote]
Vertalo and Securrency will enter into a collaboration agreement that will codify their plans to connect their two platforms. As a result of this integration, Securrency issuer and exchange clients will be able to configure their Stakeholder Registries to provide access to Vertalo’s Liquidity Enablement Platform from within their Securrency account. Conversely, when a broker-dealer starts an offering, that BD’s issuer client will be able to choose Securrency as its issuance platform from among any number of digital asset infrastructure service providers, eliminating the time-consuming work of manual security token platform integration.
[perfectpullquote align=”full” bordertop=”false” cite=”Dan Doney, CEO of Securrency.” link=”” color=”” class=”” size=””]”The key to the success of any tokenized trading platform is the guarantee of compliance. Through this unique pairing, Vertalo and Securrency will be able to provide their clients with the promised compliance alongside improved liquidity for their assets, thus ensuring a seamless trading process unparalleled by other organizations. We believe that this collaboration will help us follow through on our commitment to simplicity and transparency for our clients.”[/perfectpullquote]