Secondary trading of private assets
Private assets such as private company shares and bonds do not list on publicly traded exchanges. However, the ability to trade them is important to create liquidity. Accounts on the Verified Network serviced by depositary participants and custodians make it possible to confirm ownership of private assets, issuing of tokens mapped to proven ownership of assets, peer to peer trading of asset tokens, and settlement of trades of asset tokens.
Issuing tokenized securities
Certain jurisdictions allow the issue of uncertificated securities. These can be issued in tokenized form and the blockchain serves as the depositary for such tokenized uncertificated securities. The Verified Network enables issuers and custodians of uncertificated securities to issue and record the issue and custody of such securities in accounts on the Verified Network. This enables easier, faster and cost efficient distribution of securities to investors on the Verified Network.
Digital credit assessments
Publicly listed securities are subject to regulatory reporting and debt securities are credit rated. In contrast, investors in private issues of equity and debt face the challenge of being able to assess and monitor investments. Verified provides tools to assess and monitor investments and relay them directly to investors using applications on Verified Network. Businesses and issuers of investment products are required to submit data that enables credit assessment and monitoring.
Payments and Settlements with digital cash tokens
Payments and settling trades of tokenized assets on a blockchain requires a digital payment and settlement token. Crypto currencies are volatile and stable digital cash tokens corresponding to multiple fiat currencies are required. Fiat payments to custodians on the Verified Network issues digital cash tokens to account holders.