Replacing Traditional Capitalization Tables with Blockchain-Based Ledgers

Replacing Traditional Capitalization Tables with Blockchain-Based Ledgers | JD Supra

Delaware amended the Delaware General Corporation Law (DGCL) and the Delaware Limited Liability Company Act (DLLCA) in 2017 and 2018, respectively, to permit corporations and limited liability companies to represent capital stock, record equity transactions, and communicate with equityholders via blockchain-based distributed ledgers. (S. 69, 149th Gen. Assembly, Del. 2017; S.