• Alter Securities

A Journey of a Thousand li Starts With a Single Step

Updated: Oct 17, 2019


A journey of a thousand li starts with a single step.

- 老子Lǎozi, Ch. 64, line 12

Dear Reader,

If you are reading this, then you are most likely interested in finance, investments, or innovation. Or maybe you are just a random reader who was brought here by interconnected network of marketing and links in world wide web. In either case, you will be amazed by what you will see here!

Let’s begin our journey…

Most likely,you are wellaware of what is Bitcoin, what are crypto-currency, stocks, and bonds. If so, you know very well that whatever asset is out there, or investment (even funds) – they can easily get you, or someone you know, or even entire nations get anxious once the screens turn red and people start losing money. These cases make people go broke, families break, companies go bankrupt, people get fired, and entire nations turn into chaos!

These are not stories from nightmaresor series about suddenly rich financiers, but rather are recent reality which investors expect to happen again in the near future.

But what if there would be a way to manage this risk? What if we could show you a way to ensure that you don’t lose more than you invested? What if we show you that while someone earns from Bitcoin 10% daily, you can earn 100%, or even more?

Intrigued? Then get ready for a journey of a thousand li!

The difficulty lies not so much in developing new ideas as in escaping from old ones.

- John Maynard Keynes

We are glad to present you – Tranched Value Securities (TVS). No – it’s not what would you expect with stablecoins, new options, new funds, IEO/STO/ICO/etc., new financial pyramids and Ponzi’s…

Tranched Value Security is patented innovative financial instrument which is not available elsewhere!It allows you to split a single underlying (Bitcoin, stock, etc.) into multiple “independent” securities – TVSs and earn different returns from them. They are “independent” because they will still be driven by the same fundamental factors as the underlying, but due to their unique features, each TVS will earn different return. Moreover– TVS issued with your Bitcoin (for example), can have totally different returns from TVSs issued by your friend.

How does it work? Quite simply, imagine that you have one Bitcoin (assume the price is $6,000) and issue 2 TVSs for it – Senior, and Junior. Each TVS can have a value claim of 50% of market price of Bitcoin, or 50% x 6,000 = $3,000. So far,they are similar, right? Yes, and here innovation would stop, if there’s noadditional feature: for each TVS (be it Senior or Junior) to claim value of Bitcoin, a higher level TVS’s claim must be satisfied (in this case Senior is the most and only senior tranche). So it means that before Junior TVS can make a claim, Senior’s must be satisfied first.

In such a simple setup, seebellow what happens: When the price declines –,Junior tranche loses first. However, when price starts increasing afterwards,Junior is compensated by magnified return. At the same time Senior one does not decline below its minimum value, but still earns positive return when Bitcoin goes up.

Imagine what will happen with 3, 4, 5 or even 10 TVSs with the same underlying… You can customize the level of risk and return you are willing to accept and sell the unessesary part to someone who wants to keep that! This allows you to satisfy your most desirable wishes about investment and your financial goals. And this is the way financial system was supposed to work, but nobody fixed it, until Alter Securitieshas done it!

Tranched Value Securities open a new world for anyone who has any interest or relation with money, and wants to start an infinitejourney because it does not simply expand markets, it creates new ones!

We are excited to reveal some of our upcoming developments andwehope you will join us on this journey.

To learn more about Tranched Value Securities, sign up for email updates on our website. To stay up to date on Alter Securities news and announcements, follow us on LinkedIn, Twitter, Facebook, or Instagram.

46 views0 comments

Recent Posts

See All

Alter Securities is a service mark and/or trademark of Alter Securities. Supporting documentation for any claims and statistical information will be provided upon request. Any trading symbols displayed are for illustrative purposes only and are not intended to portray recommendations.


The risk of loss in online trading of stocks, options, futures, forex, foreign equities, fixed income and derivatives can be substantial.


Derivatives involve risk and are not suitable for all investors. For more information read the "Characteristics and Risks of Derivatives". Before trading, clients must read the relevant risk disclosure statements on our Warnings and Disclosures document -

Warning and Disclosures. Trading on margin is only for sophisticated investors with high risk tolerance. You may lose more than your initial investment.