Vertalo, a transfer agent has partnered with Alts.co, an online community for alternative assets.
According to a release from the companies, this partnership aims to simplify Alts.co’s investor onboarding process while providing a path to secondary liquidity on an Alternative Trading System (ATS). A listing on a marketplace is said to be in the works.
Alts.co currently covers alternative assets like collectibles, crypto, NFTs, music rights, real estate, and more. Alts.co used Vertalo to support the launch of its ALTS 1 fund in March 2022, a Reg D fund for accredited investors that allows exposure to the alternative asset market.
Dave Hendricks, CEO and co-founder of Vertalo.
“Vertalo is proud to have been chosen by Alts.co to provide investor onboarding services, securities issuance, cap table, transfer agency, and connectivity to secondary markets for its growing investor base. As a provider of critical infrastructure services to issuers like Alts.co, we look forward to helping Alts.co and its investors manage their private asset holding and helping facilitate secondary liquidity for assets that have historically been limited in their marketability by endemic problems encountered by companies operating in private asset markets.”
Alts.co CEO, Stefan Von Imhof said that a transfer agent that can tokenized assets solved challenges making their platform work easier.
“It’s been a great partnership and we are confident that our community of alternative asset investors will be the big winners from this combination.”