RATE Group | Security Token Issuer Vertalo Dumps Ethereum for Tezos Blockchain 
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Security Token Issuer Vertalo Dumps Ethereum for Tezos Blockchain 

28 Jan Security Token Issuer Vertalo Dumps Ethereum for Tezos Blockchain 

Posted at 16:00h in Ethereum News by

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Vertalo, a distributed ledger technology (DLT) based security token issuance platform, broker and investor onboarding firm, has announced its migration away from the Ethereum (ETH) smart contracts blockchain to Tezos (XTZ). Vertalo says it has chosen Tezos over the Ethereum network due to a number of reasons, including network stability, faster transaction speed and more, according to reports on January 27, 2020.

Vertalo Adopts Tezos 

At a time when a vast array of firms as well as financial institutions across the globe are latching onto blockchain technology for tokenization of real-world assets, Texas-based transfer agent and security token issuance firm has picked Tezos as its network of choice, instead of Ethereum, the king of DeFi.

Per sources close to the matter, Vertalo has stated categorically that the Tezos blockchain offers faster transaction speeds, network stability, support for multiple programming languages, staking, and more. 

Founded in February 2017, with a…

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