<ul data-eligibleForWebStory="true"><li>Fairmint, an on-chain securities platform, has proposed a blockchain framework-based regulatory overhaul for private equity markets.</li><li>In its detailed proposal to the SEC, Fairmint highlighted the inefficiencies of outdated infrastructures in the $6 trillion US private securities market.</li><li>The agency recommended protocol-level interoperability to address the fragmented systems among transfer agents.</li><li>To enhance regulatory oversight and investor access, Fairmint suggested implementing blockchain-based observer nodes and self-custody for investors.</li><li>Fairmint also pushed for a knowledge-based accreditation model and a non-custodial broker-dealer structure to promote market activity.</li><li>The proposed changes aim to streamline settlements, reduce administrative burdens, and foster innovation in the private equity markets.</li></ul>

Fairmint Urges the SEC to Adopt Blockchain Framework for Private Equity Markets

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