Tokenize When Ready
Turn the process into minutes rather than months
Issue When You're Ready
Vertalo V-Token
The Vertalo V-Token is a standardized token architecture that allows private issuers and asset managers flexibility when considering their offerings and tokenizations.
Built upon a proprietary smart contract that we developed for Vertalo's own STO in March of 2018, it acts as a functional token that can be upgraded at any future date. Further, all V-Token contracts work within regulatory restrictions that allow issuers to establish a “good control location.”, Vertalo clients can create V-Tokens to tokenize multiple securities and digital assets at no additional cost.
The Vertalo V-Token takes the risk out of the tokenization process.
Most issuance platforms require issuers to pay upfront, then wait for up to 12 weeks while they write, test, and deploy the smart contracts that will govern your tokenized security. Vertalo feels this is completely backwards, instead recommending Issuers raise funds or onboard their existing cap table, tokenize and issue a placeholder V-Token, start the seasoning clock for their asset or security, and then during that seasoning period, have the tradeable smart contracts created, tested, and ready for deployment upon completion of the seasoning.
Vertalo believes the tokenization of an issue is a commodity business and, as such, the process of tokenization should be fast, easy and low cost. Months become minutes using the easy-to-create Vertalo V-Token and significant upfront tokenization costs are reduced and relegated to minor updates later to accomodate the issuer's chosen trading venue.
Why the V-Token?
The V-Token architecture and implementation allows Issuers to focus on fundraising right now, and moves tokenization from a necessity to an option, at a later date. Reg D, an exemption from securities registration which many Issuers in the United States utilize, requires a 12-month lockup period, during which the design, restrictions, and governance of a tradable token can be created and put in place. Meanwhile, Reg S offerings can also be subject to lockups periods, depending on the U.S. regulators’ perceived risk of the securities leaking back into the U.S..
Rather than spend tens of thousands of dollars on tokenization costs before raising funds, Issuers who work with Vertalo can focus on the fundraise, and leave tokenization and costly smart contract writing, auditing, and issuance, until after the funds have been raised and are able to be deployed. Or, if the token is not listed for trading, many of these upgrading costs are avoided altogether. With the rapid pace of technological development, the V-Token architecture ensures upgradability to the latest token designs and legal requirements.
Vertalo V-Token Benefits
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Focus on Fundraising
Don't let smart contracts and token issuance distract from the real matter of raising funds
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Defer Costs of Tokenization
Wait until fundraising is completed before spending money on tokenization and ATS listing
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Tokenize Instantaneously
No need to postpone the start period for seasoning assets
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Utilize Vertalo's Sandbox
Model and test your issuance in a sandbox environment on testnets before deploying to a mainnet
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Tokenize Any Type of Security
New or existing securities, real estate, debt, or any other asset class can be tokenized through Vertalo
