Trending...
- Desert Mountain Club Earns Prestigious Blue Zones Approved™ Triple Designation, a New Standard for Well-Being in a Luxury Lifestyle Community
- CNCPW Divulga Dados de Liquidez do 1º Trimestre: Confirma 100% de Reservas e Atualiza Protocolos de "Saque CNCPW" Contra Fluxos Ilícitos
- WinkBeds High-Performance Hybrid Mattresses Debut at Sleep Basil Denver With In-Store Comfort Testing
In a landmark move, Fairmint leads the charge in leveraging onchain technology for equity management, enhancing transparency and efficiency through Transfer Agent Protocol and Open Cap Table Format integration.
NEW YORK - ncarol.com -- Fairmint is proud to be the first SEC-registered Transfer Agent to integrate with the Transfer Agent Protocol (TAP).
In our journey to create a more open and efficient rail for the securities industry, we recognized early on the limitations of relying on another in-house proprietary cap table management implementation.
The international law firm Gunderson Dettmer recently published Where does the cap table industry go now? and says it best:
"Cap tables summarize some of the most sensitive information in a private company: who owns what."
Echoing this statement from the Gunderson team, we consider the cap table to be the heart of the securities stack, demanding openness, standardization, and complete ownership by the company.
A Leap Towards Standardization in the Transfer Agent Industry
More on ncarol.com
With Fairmint, Poet Network, and Plural Energy as founding members, TAP stands out as the first open-source infrastructure designed specifically for standardized equity management catering to transfer agents. The first stable release of the protocol is anticipated in Q1 2024.
TAP was developed on the foundation of the Open Cap Table Format (OCF), the Open Source Company Capitalization Data Standard, which has received endorsements from fifty leading US law firms and prominent industry players.
The widespread adoption of OCF as a standard within the equity management sector serves as a powerful solution for founders and attorneys seeking to regain command over their capitalization data, underlining Fairmint's dedication to fostering open and standardized practices.
Leadership Perspectives: Pioneering Change Together
Fairmint team didn't want to build yet another in-house proprietary cap table management implementation.
"By choosing to build on open-source standards like the Transfer Agent Protocol and the Open Cap Table format, we're pioneering the future of the equity management industry based on trust and transparency," shares Thibauld Favre, co-CEO of Fairmint.
More on ncarol.com
Joris Delanoue, co-CEO of Fairmint, further underscored the impact of this development, stating, "This breakthrough represents Fairmint's commitment to driving meaningful change in the financial landscape, ensuring that equity management is accessible and efficient for all parties involved from incorporation to IPO."
Welcoming Victor Mimo to the Team
Fairmint is excited to welcome Victor Mimo in alignment with its strategic direction. Mimo, who has been instrumental in the development of TAP, is poised to continue leading its technical advancements, ensuring its seamless integration into Fairmint's product and future offerings.
"Joining Fairmint to integrate with the protocol is both an opportunity and a privilege. I look forward to contributing to our mission of transforming equity management through innovative technology such as blockchain and artificial intelligence," said Victor Mimo.
About Fairmint
Dedicated to simplifying the capital-raising process for companies, Fairmint offers the best way to raise capital from one or more investors, uniquely consolidating them into a single line on the cap table. As an SEC-registered Transfer Agent, Fairmint ensures trust and regulatory compliance from incorporation to IPO.
Founded by serial entrepreneurs Joris Delanoue and Thibauld Favre, Fairmint is backed by Draper Associates, BoostVC, IDEO, TheLegalTechFund, A-Capital, Sigil, Fabric Ventures, Monday Capital, and a vibrant investor community.
For more information, visit https://fairmint.com.
In our journey to create a more open and efficient rail for the securities industry, we recognized early on the limitations of relying on another in-house proprietary cap table management implementation.
The international law firm Gunderson Dettmer recently published Where does the cap table industry go now? and says it best:
"Cap tables summarize some of the most sensitive information in a private company: who owns what."
Echoing this statement from the Gunderson team, we consider the cap table to be the heart of the securities stack, demanding openness, standardization, and complete ownership by the company.
A Leap Towards Standardization in the Transfer Agent Industry
More on ncarol.com
- Scoop Social Co. Wins The Knot and WeddingWire Awards as Brand Expands Nationwide
- Denise Murphy Lenci Promoted to Century Fasteners Corp. – General Manager, Northeast Sales
- TiNY Puts Real Pets on the Payroll for New PetArmor Campaign
- P‑Wave Classics Launches Definitive New Edition of Hannah Webster Foster's The Coquette
- Strategic Expansion with 3 New Alliances — Jefferson Beach Yacht Sales, CFR YS & flyExclusive Incentive Partnership: Off The Hook YS: (N Y S E: OTH)
With Fairmint, Poet Network, and Plural Energy as founding members, TAP stands out as the first open-source infrastructure designed specifically for standardized equity management catering to transfer agents. The first stable release of the protocol is anticipated in Q1 2024.
TAP was developed on the foundation of the Open Cap Table Format (OCF), the Open Source Company Capitalization Data Standard, which has received endorsements from fifty leading US law firms and prominent industry players.
The widespread adoption of OCF as a standard within the equity management sector serves as a powerful solution for founders and attorneys seeking to regain command over their capitalization data, underlining Fairmint's dedication to fostering open and standardized practices.
Leadership Perspectives: Pioneering Change Together
Fairmint team didn't want to build yet another in-house proprietary cap table management implementation.
"By choosing to build on open-source standards like the Transfer Agent Protocol and the Open Cap Table format, we're pioneering the future of the equity management industry based on trust and transparency," shares Thibauld Favre, co-CEO of Fairmint.
More on ncarol.com
- Super League (N A S D A Q: SLE) Advances AI-Driven Playable Media with AdArcade, Solsten, and Meta-Stadiums Partnerships, Plus Roblox Theatre Launch
- purelyIV Expands Concierge Wellness Platform with New IV Therapies, Memberships, and Digital Experience
- CCHR: Europe Rejects Forced Psychiatry—Landmark Vote Declares Coercive Practices Incompatible with Human Rights
- Crossroads4Hope Kicks Off Its 25th Year of Caring with the Launch of Free Breast and Colorectal Cancer Resources for Patients and Families Nationwide
- OpenSSL Corporation Advisory Committees' Elections 2026: Voting Now Open
Joris Delanoue, co-CEO of Fairmint, further underscored the impact of this development, stating, "This breakthrough represents Fairmint's commitment to driving meaningful change in the financial landscape, ensuring that equity management is accessible and efficient for all parties involved from incorporation to IPO."
Welcoming Victor Mimo to the Team
Fairmint is excited to welcome Victor Mimo in alignment with its strategic direction. Mimo, who has been instrumental in the development of TAP, is poised to continue leading its technical advancements, ensuring its seamless integration into Fairmint's product and future offerings.
"Joining Fairmint to integrate with the protocol is both an opportunity and a privilege. I look forward to contributing to our mission of transforming equity management through innovative technology such as blockchain and artificial intelligence," said Victor Mimo.
About Fairmint
Dedicated to simplifying the capital-raising process for companies, Fairmint offers the best way to raise capital from one or more investors, uniquely consolidating them into a single line on the cap table. As an SEC-registered Transfer Agent, Fairmint ensures trust and regulatory compliance from incorporation to IPO.
Founded by serial entrepreneurs Joris Delanoue and Thibauld Favre, Fairmint is backed by Draper Associates, BoostVC, IDEO, TheLegalTechFund, A-Capital, Sigil, Fabric Ventures, Monday Capital, and a vibrant investor community.
For more information, visit https://fairmint.com.
Source: Fairmint, Inc.
0 Comments
Latest on ncarol.com
- Tampa Nonprofit Expands Recovery Services for Men in Crisis With New Farm Program in Plant City
- IYKYK! Coffee Lab Thriving in Huntington Beach, Blending Elevated Coffee, Matcha, Music, and Community
- Accountants Near Me Cheyenne Opens U.S. Directory for Accountants, Bookkeepers and Tax Services
- Sacred Surrogacy, CFC, and Egghelpers Launch Women's Retreats
- Stipenda Appoints David Epstein as Chief Operating Officer
- Woven Wire Mesh as a Durable Filter Medium for Industrial Filtration Systems
- FondoQuantaX Completes Core Trading Engine Upgrade: Refactoring High-Concurrency Architecture with AI Adaptive Algorithms to Navigate Market Extremes
- As Paris Hilton Reclaims Her Icon Status, "Pretty Pop Star" Reemerges to Battle the Age of AI Music
- Food Journal Magazine Is Shaping the Conversation Around Los Angeles Food in 2026
- MITSUYA PLATING Expands ONE-STOP Service for US-based Medical Device, Semiconductor and Aerospace Manufacturers
- First Things First: The Hidden Equation Behind STEM
- Voiset AI Planner Launches Smart Booking: Real Estate Agents, ADHD Coaches, Sales Teams End Calendar Chaos
- Max Tucci Makes His Highly-Anticipated Debut On QVC—unveiling A Bespoke Luxury Chocolate Collection Inspired By 100 Years Of Tucci Hospitality
- The Ms. Corporate America Maryland Competition Returns for an Unforgettable Evening of Leadership, Excellence, and Empowerment
- Precision Adult Care Expands 24/7 Adult In-Home Care Services to Meet Growing Demand in the Coachella Valley
- Metavalis Launches Massive Community Coat Drive in Branson to Support Local Residents
- Ashley Wineland To Release Fiery Full-length Album "Wineland"
- Robert D. Botticelli Promoted to Century Fasteners Corp. – Director of Sales
- Openchannelflow Wins Web Excellence Award for Outstanding Digital Experience
- STS Capital Partners' Andy Harris Co-Authors 'The Extraordinary Exit,' A Practical Guide for Business Owners Considering a Sale