Fairmint

The next equity market is onchain

Recordkeeping and liquidity
on the same rail.

The register that makes a share legally yours and the market that moves it can now operate on one system.

Read the OCP whitepaper

Operating today

Building equity infrastructure since 2019.

Equity administered

$1.6B+

Issuers & funds

180+

SEC-registered TA

2023

OCP on Canton

Live

Onchain Equity Capital Markets

Fairmint is building
the stack.

Every equity market depends on an authoritative record of who owns what. Fairmint is an SEC-registered transfer agent operating that record onchain. It is the foundation for issuance, compliant transactions, financing and liquidity.

01

Recordkeeping

The authoritative shareholder register, kept by an SEC-registered transfer agent.

Live

02

Capital formation

Issuance, financing rounds, investor onboarding and eligibility, recorded as they happen.

Live

03

Market infrastructure

Permissioned transactions, transfer restrictions and settlement instructions against the register.

Live

04

Liquidity and financing

Secondary transfers, collateral and institutional distribution, through regulated participants.

Each layer depends on the one beneath it, which is why the register had to come first. Transfer agency is the regulated foundation; the market that can operate on top of it is the opportunity.

The first onchain transfer agent*

Seal of the U.S. Securities and Exchange Commission
RoleTransfer agent
Registered to the SEC since2023
OversightExchange Act §17A
Book of recordDLT

* Registration as a transfer agent is not an endorsement of Fairmint by the Commission.

Transfer agency

A transfer agent,
native to the chain.

In the United States, a company’s official list of who owns what is kept by a transfer agent, and that agent answers to the SEC. It is the control point of the entire equity market, and it is where Fairmint chose to start.

Traditional TA

Keeps the register in its own database. Anything onchain is a mirror that has to be reconciled back to it.

Fairmint onchain TA

The register is the onchain record. There is no second copy, so there is nothing to reconcile and nothing to disagree.

Building for the interoperable

Equity finally has
an open standard.

Cap tables used to live in whatever shape each platform chose for them. The Open Cap Table Format changed that: one open schema for issuers, share classes, holders and every transaction between them, maintained by the Open Cap Table Coalition and used by leading securities counsel.

A format lets two systems exchange a file. A protocol lets many participants act on the same record without asking anyone for a copy of it.

Fairmint took the standard onchain

OCF · the format

A common language for equity data

An open schema any platform, law firm or auditor can read.

Issuers, share classes and stakeholders
The full taxonomy of equity transactions
Vesting, valuations and documents
Machine-readable, and legally legible
maintained by the Open Cap Table Coalition

OCP · the protocol

The standard, now operational

The same data, held as a record many participants can act on.

The event ledger recorded onchain
A registered transfer agent as system operator
Permissioned access for each participant
State any authorized party can verify
published by Fairmint · in production since 2025

A standard established with the firms and institutions that handle trillions in equity

Morgan Stanley Fidelity Fairmint Nasdaq Private Market Mercury
Fenwick Goodwin Gunderson Dettmer Cooley Orrick Perkins Coie Wilson Sonsini

From the founder

The line between private and public markets is an artifact of paperwork. Put ownership on one live interoperable record and that line disappears.”
Joris Delanoue Co-founder & CEO, Fairmint
General Director, Board Member Canton Foundation
Blurring the lines between private and public markets Digital Asset Summit · New York 2026
Watch

Eight years of building the parts that make a share real

2018

2 founders, 1 thesis

Reinvent going public. Onchain.

2019

Incorporated

Fairmint founded to rebuild equity infrastructure from the register outward.

2021

First pilot

Equity issued and recorded onchain with real issuers.

2023

Regulated

SEC-registered transfer agent, and the first fully onchain-native one.

2025

$1B milestone

OCP published, written input submitted to the SEC, and $1B in equity administered.

Today

Open standard, real liquidity

An industry answer anyone can build on, now plugging into regulated liquidity. Build it with us.

Fairmint today

The infrastructure
is already live.

The authoritative register and regulated export are live today. Transaction workflows are operating at the status shown below.

Shareholder register of record example issuer Live

Total shares outstanding

12,480,000

Share classes

4

Holders of record

168

Last record event

2026-08-01
Event Share class Quantity Date Record state
ISSUANCESeries B Preferred1,250,0002026-03-04Settled
TRANSFERSeries B Preferred310,0002026-05-19Settled
CANCELLATIONOptions45,0002026-06-02Settled
ISSUANCECommon120,0002026-07-11Settled
FINANCINGSeries B Preferred200,0002026-08-01In development
Master securityholder file exportable · examinable by the SEC
Permissioned transaction workflow In production
Transaction created

issuer portal · ref TX-4192

09:12
Issuer approval

board authorization recorded

09:41
Investor eligibility verified

kyc · kyb · accreditation · jurisdiction · holder cap

10:03
Settlement

funds confirmed · awaiting write

10:22
Register updated

restrictions carried · certificate reissued

pending
Ineligible transactions fail before a document exists
Master securityholder file export · retained per 17Ad-7 Live

holders_of_record.csv

168 rows

share_classes.csv

4 rows

event_ledger.jsonl

OCF events

restrictions.csv

legends · caps

attestation.txt

countersigned
Record fingerprint as of 2026-08-01 · 14:22 UTC

every event above hashes into one state · the file and the chain agree or the export fails

Examinable by the issuer, its counsel and its auditor

Live

Operating today, inside the existing regulatory perimeter.

In production

Running with issuers and generally available.

By request

Scoped case by case with the institution.

In development

Broker-dealer and related transaction capabilities, subject to regulatory approval.

What the rail carries

Real shares.
Every kind of equity.

Everything a share does after it is issued runs through the register. One record carries operating companies and the vehicles that invest in them.

Operating companies

Private sharescommon · preferred · options
Public stockslisted · registered

Pooled vehicles

FundsLP interests · capital calls
SPVssyndicates · feeders
SPACssponsor · trust · de-SPAC
ETFsregistered funds · creation units
Inside the regulatory perimeter
Composability

One record that regulated applications can build on, without asking anyone for a copy of it. Everything below follows from that.

Continuous settlement

Transfers between eligible holders clear on any day, delivery against payment.

Programmable compliance

Eligibility and holder caps enforced at the transfer itself.

Equity as collateral

Positions a lender can verify, so shares can back financing.

Automated distributions

Dividends paid to whoever the record says holds the shares.

What the rail makes possible

Regulated DeFi,
for real equity.

Now that ownership is a live record instead of a spreadsheet, it is composable: regulated participants can build directly on it. That is what made DeFi work, and it now applies to real securities without leaving the regulatory perimeter.

Recordkeeping and capital formation are live today. Financing, secondary and settlement are being built with regulated participants and remain subject to regulatory approval.

The market network

Many participants.
One authoritative record.

Connect capital, distribution, custody, execution or technology to an authoritative equity record, without asking issuers or investors to adopt another proprietary database.

Who connects Permissioned
Broker-dealersexecution · order handling
ATSs & venuesmatching · venue rules
Transfer agentsregisters · corporate actions
Custodianssafekeeping · reconciliation
Capital providersallocation · financing
Wealth platformsdistribution · reporting
Technology providersapplications · data

Each connects under its own permissions, and keeps doing what it already does. Fairmint provides the record they all work against, not a replacement for their services.

On the rail One record
Issuers & funds Investors Custodians ATSs & venues Transfer agents Capital providers Broker-dealers Wealth platforms
One registerEvery participant
works from it
One authoritative register onchain, with permissioned access for every participant. Read and write the same state, and there is nothing left to reconcile.
Adopt a standard, not a vendor

Connect through OCP, an open protocol published for the industry, rather than a proprietary API you maintain per platform.

Work from verified data

Positions, eligibility and transfer restrictions read from the register in a shared schema, not from a file someone sent you.

Keep your independence

Open standards, so connecting never means handing over your customers, your systems or your economics.

Equity markets are moving onchain.
Wall Street is choosing the rail. Now.