#United States #New York #Blockchain #Fairmint #Cap Table

Fairmint Introduces a Game-Changing Onchain Cap Table Infrastructure

Fairmint has officially launched its cutting-edge onchain infrastructure aimed at revolutionizing how private companies manage their cap tables and securities. This new enterprise-grade solution addresses significant inefficiencies in the private securities market by providing a streamlined platform for capital management, ownership verification, and the compliant transfer of private securities.

With the private securities market estimated to be worth around $6 trillion, its operations often rely on fragmented systems and lengthy manual processing times. Traditionally, the transfer of securities within these markets may take anywhere from 15 to 30 days, incurring transaction costs that can range from 2% to 5% of the deal value. Fairmint's innovative infrastructure turns this model on its head by utilizing standardized onchain processes, allowing transactions to complete in mere seconds while safeguarding compliance and maintaining comprehensive audit trails.

A More Efficient Market

The introduction of programmable smart contracts is a cornerstone of Fairmint's offering. These contracts manage ownership records and enforce transfer restrictions automatically, effectively reducing the likelihood of human error and operational lag. By implementing this sophisticated technology, Fairmint enhances the settlement efficiency of securities transactions, shifting the timeline from weeks to seconds without sacrificing governance.

The infrastructure also incorporates institutional controls, ensuring that only authorized stakeholders—such as issuers, transfer agents, broker-dealers, and investors—have the appropriate access to sensitive information. This role-based access promotes security and helps maintain integrity throughout the capital management process.

According to Joris Delanoue, CEO and co-founder of Fairmint, "Our infrastructure is not only about streamlining current processes but also creating a foundation that can accommodate evolving market needs. The operational overhead is significantly reduced, enhancing both transparency and data integrity for all participants in the private securities ecosystem."

Aligning Regulations and Innovations

The timing of Fairmint's launch coincides with significant developments in regulatory frameworks outlined by SEC Commissioner Hester Peirce. Following her public statement on potential pathways for leveraging distributed ledger technology within regulated securities markets, Fairmint's onchain infrastructure fits perfectly within this narrative. By establishing strong compliance measures, Fairmint demonstrates that innovative technologies can be integrated into existing frameworks without compromising market integrity.

As a registered SEC Transfer Agent since 2023, Fairmint is also in pursuit of broker-dealer licensing to further broaden its service offerings. This strategic move positions the company well within the expanding ecosystem of regulated financial markets.

About Fairmint

Founded in 2019 by Joris Delanoue and Thibauld Favre, Fairmint has a singular vision: to improve operational efficiency in the management of private securities for companies, financial institutions, and market participants. With its headquarters in New York City, Fairmint serves as a pioneer in onchain equity management, emphasizing the importance of compliance, transparency, and efficiency in a rapidly evolving financial landscape. For more details about Fairmint and its innovative solutions, visit Fairmint's official website.