Vertalo Partners with Prime Trust
September 4, 2018 — Austin, TX — Vertalo, a stakeholder registry and compliance platform for regulated security token offerings, is excited to announce its latest partnership with Prime Trust, a Nevada Trust Company. Prime Trust is a recognized leader in compliant custody of crypto and traditional assets across all account types. This expanded network will allow for institutional investors looking for qualified custodianship of their crypto assets to combine such custodianship with Vertalo’s unique registry of ownership and disclosure platform.
Dave Hendricks, CEO of Vertalo, states that “we are excited about partnering with PrimeTrust. As Broker-Dealers and Issuers evolve from traditional paper and database issuance to digital securities issuance secured on public and permissioned blockchains, proper custody of the underlying equity, network, and cryptocurrency tokens will become a necessary component of any offering.” He continues, “through our partnership with PrimeTrust, Vertalo and its network partners will seamlessly integrate with and access a provider of SEC-approved custodial services.”
As a trust company, Prime Trust holds cash and non-cash assets such as stocks, bonds, Bitcoin, and other cryptocurrencies, tokens, real estate, and private business ownership interests. The partnership between Prime Trust and Vertalo expands Vertalo’s network of mission-critical providers to encompass all phases of the Securities and Smart Token lifecycle. This is an important aspect of bringing mainstream investors into the fold of the next generation of digital securities issuances using the blockchain.
“We are excited to see Vertalo launch as they are at the forefront of the future for cash and securities as well as how real estate will be bought, managed, and sold”, said Scott Purcell, CEO and Chief Trust Officer for Prime Trust. “We look forward to our technical integration and working to serve both Vertalo and their customers for many years to come.”
For more information on Vertalo, visit www.vertalo.com or stay updated with Vertalo’s communications:
Telegram — https://t.me/vertalotoken
Twitter — https://twitter.com/vertalo_?lang=en
Medium — https://medium.com/@Vertalo
For more information on Prime Trust, visit https://primetrust.com/, or stay updated with Prime Trust’s communications:
Telegram — https://t.me/primetrust
Twitter — https://twitter.com/PrimeTrustLLC
Blog — https://primetrust.com/blog/
About Prime Trust
Prime Trust is chartered, insured financial institution that as a “Qualified Custodian” provides token and FIAT custody, funds processing, AML/KYC compliance, and transaction technology for the new digital economy. As a blockchain-driven trust company our mission is to provide ICO and STO issuers with the best-in-class solutions to seamlessly meet the needs of their offerings and of exchanges and secondary markets. Learn more about Prime Trust at www.primetrust.com
About Vertalo
Launched in 2018, Vertalo was founded to map the gaps between primary and secondary trading of security token offerings. Cayman-based Vertalo is the first product of SeriesX, an Austin Texas-based Security Token Investor Platform. Learn more about SeriesX and Vertalo at www.vertalo.com.
Media Contact
Katie Campisano
Kamp Media Relations
katie@kamprelations.com
908.247.8678
