RATE Group | Security Token Platform Vertalo Transitions from Ethereum to Tezos
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Security Token Platform Vertalo Transitions from Ethereum to Tezos

28 Jan Security Token Platform Vertalo Transitions from Ethereum to Tezos

Posted at 00:41h in Ethereum News by

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On January 27th, 2020, security token management and issuance platform Vertalo announced a transition from Ethereum to Tezos as its blockchain of choice. Vertalo says a number of factors were a result of the decision, including transaction speed and an existing network with stability.

Vertalo Transitioning to Tezos Explained

Based in Texas, Vertalo offers a number of services related to digital assets. The company specializes in cap table, investor, and on-chain asset management for entities operating in the security token industry. In November of 2019, Vertalo received registration confirmation from the SEC in its quest to become a transfer agent.

Now, Vertalo has announced a transition regarding its blockchain of choice. Going forward, Vertalo will opt for Tezos over Ethereum.

Vertalo CEO Dave Hendricks said,

“We think that that covers 99 percent of the security token and smart contract landscape for equity and debt.”

Vertalo has…

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