virtual iLok USB key

I read this FAQ at the Soundtoys website:

Quote:

You can activate your license on up to two devices at a time. A "device" is either a computer (which can host a virtual iLok USB key), or an actual physical iLok USB key. The iLok USB key would need to be associated with your iLok account to which you made the Soundtoys purchase.

Can this be done with PT12 and any other software or plugin using iLok (Slate, Sonnox).

virtual iLok USB key