Trending...
- Santa Monica Businesses Push Back on Bus Stop Relocation That Threatens Access and Safety
- Ironside HR Named Fastest-Growing Staffing Firm for Second Year
- Martial Artists Invited to Push Their Limits at the 2025 JMAC Crucible in Ann Arbor
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 - Michimich -- 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 Michimich.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 Michimich.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 Michimich.com
- SeedList Launching Institutional Crypto Crowdfunding Project to Empower Retail Investors and Disrupt the VC-Dominated Crypto Fundraising Landscape
- California Family Launches Billboard to Reach "Pardon Czar" Alice Marie Johnson
- Rocket Companies to Announce Second Quarter 2025 Results on July 31, 2025
- Rent Like A Champion Acquires CollegeWeekends
- Sumter Landing Dental Care Launches Summer Special on Full Mouth Reconstruction
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 Michimich.com
- Seligson Law Launches New Website to Support Cannabis Businesses in California and New York
- databahn Announces Subscription Access to Fortune 500 GenAI Deep Dive Sales Intelligence Reports
- AI startup Congero offers instant websites with 24/7 updates - aiming to replace web agencies
- Unlocking PLM's Full Potential: CIMdata Reveals the Executive Support Imperative in Free Webinar
- WonderDays Launches the UK's First AI Experience Gift Finder – Gifting Just Got So Much Easier!
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.
Filed Under: Business
0 Comments
Latest on Michimich.com
- "The Pornified Generation": Dr. Chris Samuels Exposes the Toxic Alliance Between Bro Culture and Pornography That's Rewiring a Generation
- RECOMMENDED CASH AND SHARE COMBINATION OF DOWLAIS GROUP PLC WITH AMERICAN AXLE & MANUFACTURING HOLDINGS, INC.
- The Modern Insurance Store Expands Medicare Help Services for Seniors in Cincinnati
- Ironside HR Named Fastest-Growing Staffing Firm for Second Year
- Inframark Continues to Build Its Community Management Capabilities and Multi-Disciplinary Presence in Arizona
- ICAST 2025: The Crystal-Clear Revolution Begins at Booth #3233
- Brindle Pet Supplies Now Carries Badlands Ranch Dog Food in Canada
- $10 Million Allocated to Establish Crypto Treasury Focused on High Value Ethereum (ETH) & Bitcoin (BTC) as Long-Term Holdings for Cybersecurity Leader
- Sing For Your Supper: A Night of Musical Comedy and Drag for a Great Cause
- Cummings Graduate Institute for Behavioral Health Studies Celebrates New DBH Graduates
- $100 to $200 Million Equity Agreement with Top Digital Advisor Bitwise to Power Major Digital Asset Initiative for Bitcoin and Solana: OFA Group
- New Collaboration Launches Corporate ESG Solution for Responsible Decommissioning and Transparent Reporting
- Roofman USA Shares the Pros and Cons of Summer vs. Fall Roof Replacements
- Wilderness Construction Shares Storage Solutions to Take You Kitchen Remodel to the Next Level
- The Bridge Chiropractic in Ann Arbor Offers Groundbreaking Approach to Knee Pain Relief
- Martial Artists Invited to Push Their Limits at the 2025 JMAC Crucible in Ann Arbor
- SlickCashLoan Launches Free Loan Calculator to Help You Plan Monthly Payments
- Michigan Personal Injury Lawyers, Matz Injury Law, Announces Over $10 Million Savings for Clients Through Reduced Fee Model
- TikTok Star ArcadeFriends Attempts 24-Hour Claw Machine Marathon at Lucky Puppy Arcade in Las Vegas
- Pyro Marketing Launches New Website to Accelerate Growth for Fitness Brands