Vertalo and MountX Real Estate Capital Announce Partnership to Transform Latin America's Real Estate Industry, Powered by Blockchain
August 2020 -- Austin, TX -- Vertalo, the digital transfer agent that simplifies the creation, management, and liquidity of Digital Real Assets, is proud to announce its most recent partnership with MountX Real Estate Capital. MountX has licensed the Vertalo platform to design and launch 15+ digital real estate projects in Mexico and Canada over 2020 and early 2021.
Through its license partnership with Vertalo, MountX is building out a real estate platform and deal room for their investors to directly access their equity, and asset information/data.
This deal is the third of four deals executed by the newly formed Vertalo Real Estate division, since its launch in June 2020, to focus on the digitization and tokenization of real estate assets. Vertalo Real Estate (VRE) is utilizing its extensive real estate experience and its relationships with forward-thinking companies, like MountX, to make real estate-specific digitization offerings available to more issuers and investors. Through this partnership, Vertalo VRE expands to global markets, by allowing Latin America-based investors to invest in MountX properties that are cash-flowing, class-A residential properties located in Canada. The Vertalo-MountX partnership will provide MountX Real Estate Capital investors with opportunities that were not available previously, due to the localized and fragmented nature of the real estate.
MountX Real Estate Capital plans to issue 15+ assets within 1-2 years. As space grows, this will be one of the first examples of how tokenization of real estate assets can add tremendous value, as MountX will provide new opportunities that will benefit from high demand and limited supply. The international aspect of this deal highlights the limitless potential of issuing digital equity of real estate assets. The options that will be presented to investors will significantly lower barriers to entry of real estate ownership on a global scale.
Co-founder and CEO of Vertalo, Dave Hendricks, says, “It is an honour to partner with pioneering entrepreneurs, like Enrique Suarez [MountX], who are harnessing cutting-edge technologies to decentralize financial markets. Vertalo’s VRE was conceived and launched to help increase access to the best real estate investment opportunities, powered by simple-to-use technology, and designed for teams like MountX. The Vertalo VRE team looks forward to helping MountX execute against its vision.”
Enrique Suárez, Co-founder and CEO of MountX says, “We are very excited to partner with Dave and the Vertalo team to launch our platform. We share the same vision of simplifying complex transactions with great technology, backed with robust security and transparency. This partnership enables us to empower people to become global real estate investors, in a simple, secure and exponential way.”
Launched after their own March 2018 STO, Vertalo is a B2B SaaS company founded to map the gaps between primary and secondary trading of digital securities offerings. As the ‘Operating System for Digital Assets’, Vertalo is focused on connecting and enabling the digital asset economy, providing an industry-leading cap table and investor onboarding solution that facilitates direct ownership and direct listing of any private asset. In addition to offering direct issuance services to private companies, Vertalo also offers white-label, licensed, and joint venture opportunities to capital advisors, broker-dealers, and investment banks. A subsidiary of SeriesX, Vertalo is headquartered in Austin, TX with offices in New York City and Seoul. Learn more about Series X and Vertalo at www.vertalo.com
About MountX Real Estate Capital
Since its foundation in November 2019, MountX Real Estate Capital has been dedicated to transforming the LATAM real estate investment industry by giving Latin American investors the same direct access to international real estate that institutions have always had, by leveraging tech & digital to build the next generation of global real estate investment platform, powered by blockchain (tokenization), virtual reality & artificial intelligence. In MountX we innovate rapidly to stay on the leading edge of exponential change, we believe that technology enables global opportunities & business ideas, and we stand for a culture of loyalty, trust and contribution to our customers, employees and society where we have reached. To learn more about MoutnX visit us at www.mountx.io