FairClub announced a partnership with Metaplex and plans to replace its current Governance NFTs, issued as Metaplex Core assets, with MPL-3643 permissioned tokens. The standard brings ERC-3643-equivalent functionality to Solana, restricting token holding to wallets passing KYC, AML and accreditation checks, with issuer-set rules like holder caps. Currently each raise runs through a Wyoming SPV, with governance powered by Realms. Secondary markets are planned but not live; transfers would be restricted and liquidity not guaranteed. FairClub reports 125+ pipeline projects, 16+ live deal rooms and 12 curator partners.

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