Fairmint is the First SEC-Registered Transfer Agent to Adopt the Transfer Agent Protocol (TAP)
ncarol.com/10250576

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

• Costa Oil Named Primary Sponsor of Carson Ware for the United Rentals 300 at Daytona International Speedway
• From Gen Z to Gen Alpha: The One Ingredient That Matters More Than Ever in STEM
• HBMHCW Expande Infraestructura de Cumplimiento para Argentina mientras América Latina Supera $1.5 Billones en Volumen Cripto
• Elixia Rebrands as Empathx Research Marking a New Era in Patient-Centered Recruitment
• Norisia Launches AI Formulated Luxury Multivitamin to Transform Daily Wellness in the UK

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

• Jacob Emrani's Annual "Supper Bowl" Expected To Donate Thousands Of Meals
• NASA / Glenn Research Center Collaboration to Help Meet Rising Demand for Space Energy Beaming Tech / CIGS PV Modules from Ascent Solar: NAS DAQ: ASTI
• When Interpretation Becomes Conversation: Rethinking Engagement in the Museum Age
• Half of Finnish Online Gambling Expenditure Now Flows to Offshore Instant Casinos as License Applications Open March 1, 2026
• RTC Communications Completes Next Level Connect Fiber Expansion Bringing Multi-Gig Broadband to West Boggs Community

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.