🚀 Launching soon — built on the first binding SEC/CFTC crypto taxonomy (Release 33-11412, March 17, 2026)  ·  Get Early Access →
Live v1.0 · 2026-03-16

The Book on
Securities
Tokenization.

Intelligence, analysis, and tools for the RWA ecosystem — from the practitioner who's been building it since day one.

by Dave Hendricks · CEO, Vertalo · SEC-Registered Transfer Agent since 2019
// The Book
Get the free chapter.
No fluff, no hype.
Chapter 1: Why Tokenization Is Different This Time — 8 years of hard-won signal in 20 pages.
// The Digest
Daily intel. Zero noise.
Stay ahead of the market.
Regulatory updates, deal flow, market intel — delivered every morning before the market opens.
// The Advisor · Beta
Is your asset tokenizable?
Ask the AI that knows.
Claude-powered assessment: structure analysis, regulatory fit, market timing — in minutes, not months.
8 yrs In the field
100+ Issuers served
300K+ Securities lots
🔒 1,247 practitioners already on the early access list
// Five Products · One Platform

Everything you need to operate in the RWA market

From foundational knowledge to real-time deal flow — The Token Playbook covers the full stack of securities tokenization intelligence.

01 Live
📖

The Book

The definitive guide to securities tokenization — 87 pages, 20 chapters, written by the practitioner who has done it 100+ times. Immutable versioned, append-only, auditable. Updated as the market evolves.

Read the TOC →
02 Live
📡

The Digest

Daily intelligence for the RWA market. SEC actions, deal announcements, regulatory shifts, and market intel — curated and synthesized every morning before the market opens.

Subscribe free →
03 Live
🗂️

The Register

The sponsored directory of active RWA offerings. Equity, debt, real estate, funds — structured, searchable, and reviewed. If it's tokenized and legitimate, it's in The Register.

Browse offerings →
04 Live
📅

The Calendar

The global calendar of tokenization events. Conferences, webinars, regulatory hearings, and deal closes — all in one place. Sponsorship opportunities available for event organizers.

View events →
05 Beta
🤖

The Advisor

AI-powered tokenization assessment. Ask: "Is my asset tokenizable? What's the right structure? Which exemption fits?" Powered by Claude, trained on 8 years of Vertalo's deal knowledge.

Join the waitlist →
Get The Digest — free
Daily RWA intel, delivered 6am CT. No spam. Unsubscribe anytime.
Dave Hendricks
Dave Hendricks
CEO · Vertalo
"The book only I could write — because I've spent 8 years doing the thing most people only theorize about."

Dave Hendricks is the CEO of Vertalo, a SEC-registered transfer agent and the leading digital transfer agent for tokenized securities. Since 2016, Dave has worked with 100+ issuers, facilitated transactions for 100,000+ investors, and managed 300,000+ securities lots — making Vertalo one of the most battle-tested platforms in the RWA ecosystem.

Vertalo is backed by Coinbase Ventures, Shasta Ventures, and CMT Digital. The Token Playbook is Dave's independent editorial platform, published under RWABTC Ltd Co.

8+
Years in securities tokenization
100+
Issuers on the Vertalo platform
100K+
Investors served
300K+
Securities lots processed
Backed by
Coinbase Ventures Shasta Ventures CMT Digital
// Pricing

Start free. Go pro when you're ready.

The Digest is always free. Pro unlocks The Book, The Register, and The Advisor.

Free
$0 / forever

The Digest, free. Daily intelligence with no paywalls. Because the ecosystem benefits from informed participants.

  • ✓ The Digest — daily newsletter (full access)
  • ✓ The Calendar — public events listing
  • ✓ The Register — browse public listings
  • ✓ Free chapter download (Chapter 1)
  • — The Book (full access)
  • — The Advisor (AI assessment)
  • — Version history & changelog
Subscribe Free →
Most Popular
Pro Subscriber
$10 / month

Full access to every product. The Book, The Advisor, deep-dive Register data, and everything we build next.

  • ✓ Everything in Free
  • ✓ The Book — full 87-page access + all future versions
  • ✓ The Advisor — AI tokenization assessment (unlimited)
  • ✓ The Register — enhanced listing data + issuer contacts
  • ✓ Version history and immutable changelog access
  • ✓ Early access to new features and products
  • ✓ Founding Member badge (first 1,000 subs)
Get Pro Access →

Cancel anytime. No long-term contracts. Annual plan coming soon ($99/yr — 2 months free).