Stakeholder Registery Platform Vertalo Announces Partnership With Security Token Platform Polymath

Vertaloa stakeholder registry and compliance platform for regulated security token offerings, announced on Friday it has formed a partnership with security token platform Polymath. According to Vertalo, the new collaboration will allow broker-dealers and issuers to offer state-of-the-art compliant tokens, as well as maintain a registry of all token holders for the life of the issuance.

Founded earlier this year, Vertalo is a wholly-owned subsidiary of SeriesX.net Inc. The company’s platform and network are notably blockchain-based systems that form the basis of its first offering, a verified employment graph.  Vertalo CEO, Dave Hendricks, stated that the collaboration with Polymath helps buyers and sellers realize the promise of security tokens, which means enhanced liquidity for private assets sold in smaller denominations to an increased number of buyers.

“As a charter member of the Polymath marketplace, Vertalo expects to be able to help more issuers and investors than if we worked independently.”

Igor Denisov, Head of Strategy and Business Development at Polymath, added:

“We believe Vetalo will deliver this solution, enable issuers to efficiently communicate with their investors, and help drive the process of value and price discovery in markets for security tokens.”

The partnership with Vertalo comes less than a month after Polymath announced its partnership with Shyft, a global blockchain-based network that facilitates secure sharing of attested and compliant data. Through that partnership, Polymath will become an active ecosystem participant and data provider for the Shyft Network, acting as both a Trust Anchor and decentralized application (dApp) developer on the network.

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