Safe closings: escrow and vetted counterparties
How Online Asset keeps a closing safe for both sides: verified counterparties, funds secured in escrow before ownership moves, and an honest account of what is wired today versus coordinated by our team.
Key takeaways
- Both sides are verified before a deal gets serious: buyers are graded, sellers pass KYC and business verification.
- Funds are secured with a neutral third party (escrow) before ownership changes hands, so neither side has to move first on trust.
- Assets are transferred and confirmed item by item, with your advisor checking off the handover.
- Being straight with you: escrow and e-signature providers connect in a later phase. Until then our team coordinates those steps for you off-platform.
A deal is only as good as its close. The last stretch (money moving and ownership transferring) is where trust matters most, because for a moment one side has to act before the other. Online Asset is built to remove that leap of faith.
Both sides are vetted before it gets serious
You are not transacting with an anonymous account. Buyers are graded through identity and proof-of-funds checks; sellers pass identity (KYC) and business verification so a buyer knows the business is really theirs to sell. By the time a price is on the table, both parties have shown who they are.
Funds secured before ownership moves
When a price is agreed, the deal moves through a letter of intent and into escrow. Escrow means the buyer’s funds are held by a neutral third party and only released once the transfer conditions are met. The seller knows the money is real before handing over the business; the buyer knows the funds are not released until they actually receive the assets.
A checked handover, not a leap of faith
Transfer is done deliberately: domains, accounts, code, contracts, each item handed over and confirmed. Your advisor works the handover with both parties and checks off each asset, so nothing is assumed and nothing is missed before the deal is marked closed.
What is wired today, and what our team runs for you
We would rather tell you exactly where the product is than imply everything is automated. The full deal flow, verification, the data room, and the stage-by-stage process are live in the platform.
Coordinated off-platform, for now
The escrow provider and e-signature integrations connect in a later phase. Until they do, your advisor coordinates escrow funding and contract signing off-platform and keeps your deal room updated at each step. The safeguard is the same (funds secured before transfer), it is simply run by your advisor rather than a one-click button, today.
That honesty is the point. You always know who is doing what, and a real person is accountable for every step of the close.
A service, not a self-serve dashboard.
See how a named advisor accompanies every deal from first inquiry to signed transfer.