Fairmint Surpasses $1bn in Onchain Equity, Eyes Direct Listings for Private Companies
Fairmint, an SEC-registered transfer agent specializing in onchain securities, has crossed the $1bn threshold in equity administered onchain for private companies. The platform now aims to enable these companies to list directly onchain, bypassing traditional intermediaries.
CEO Joris Delanoue co-founded Fairmint in 2019 after encountering persistent challenges with cap table management in European startups. His prior venture, Nexteem, exposed him to the transformative potential of cloud computing—an experience that later drew parallels with blockchain's disruptive capacity during discussions with CTO Thibauld Favre.
The company's trajectory reflects the broader institutional migration toward blockchain infrastructure. By digitizing equity administration, Fairmint demonstrates how distributed ledger technology can streamline traditionally cumbersome financial processes while maintaining regulatory compliance.