Imagine a world where you can invest in stocks from anywhere (without big hidden fees), settle trades instantly, and earn interest on your holdings. Most investors trade through a broker. But US brokers systematically introduce nine expensive, slow middlemen. We let investors trade directly on a company’s books so they can save ~0.5%/year in slippage. 
A normal US stock trade today looks like this: 
All these middlemen charge a small spread or fee that you ultimately pay. When a company goes public, they hire a transfer agent to keep a list of investors. You might use one if you have book-entry shares via a direct share purchase plan or employee stock options.
Transfer agents let investors execute private trades:
Simple, yet nobody does it. If you want to trade with old transfer agents, you have to:
Outside first-world countries, these authorizing banks are quite scarce. So, investors have to pay hundreds of dollars for remote guarantees. 
We use Stellar assets as a company's official books so you can transfer shares with the click of a button in your wallet. That means you can freely trade on the SDEX, vote shares via memos, and receive on-chain dividends, fully transparently!
We've been registered as a transfer agent with the US Securities and Exchange Commission for over a year.  Most of what we do is based on highly-upheld laws passed in the 1990s for dematerialized stock.  By working directly with share issuers, we undermine forced middlemen fees since all brokers are just listed as an omnibus entry on the company books. 
Linked below, you can see it query and combine data from Stellar with merged PII from github/stellar-interface/issuers/Example-Merged-MSF. In the future, we want to expand this functionality to support intuitive stock ownership plan management in a SAAS environment.
In 1602, a Dutch trading company issued the first modern stock. But to transfer shares with the official bookkeeper, investors had to physically travel to a company office, pay about $200, and wait for two board directors to sign a log. 
Almost immediately, investors privately traded the first stock futures to avoid these costs. But early futures carried immense credit risk. Agreements were just paper contracts between individual buyers and sellers.
Say you made a big profit when shares soared. The counterparty on the contract could change their name and never pay you. If you tried to pursue them, they could just flee Amsterdam. Moreover, local courts often declared contract losses null and void based on a short-selling ban. 
To avoid defaults, investors stopped trading with the average uncreditworthy man. Instead, most people were forced to pay established credible brokers to execute their trades. The wealthy stockholders resolved that these brokers were the only ones they could trust to stay true to their word. 
We've stuck by this mentality for centuries, perhaps for good reason. After all, what recourse do most people have against an anonymous stockbroker who sells them fake certificates? But distributed ledger technology finally gives us a new way to record stock ownership without a trusted central party.
In 2013, Dole Foods went private for $1.2B. The company only had 37M shares outstanding, but brokerage investors held 49M shares.  Similarly, two investors bought nearly 1.5M shares of Global Links Corporation through their brokers, despite the company issuing under 1.2M shares. 
More recently, one in twenty GameStop shares trading did not exist on the company’s capital books.  In another case, a fifth of Overstock.com shares trading did not truly exist.  The problem is so big that the leading transfer agent organization suspects more shares voted than exist in over three-quarters of annual meetings.  In an election at Taser International, brokerage investors cast 82M votes despite only 61M shares existing. 
These recurring, systemic miscounts stem from the broker-founded monopoly that settles effectively all US trades.  We see similar trends abroad.  The problem is current regulations allow this to happen at the clearing level.
But the SEC quickly shuts down transfer agents with such record differences.  Accordingly, we can guarantee everyone has true shares using book-entry digital assets.
Based on our client discovery interviews, public American CFOs have varying frustrations with their current transfer agents. CFOs at smaller companies focus much more on price. They don't want to waste valuable shareholder dollars on mandatory accounting.
At medium to larger companies, CFOs care much more about transfer speed and reliability. These executives tend to think more about employee stock incentive plans, asking for more nuanced services.
These CFOs have the power to change their agent at will, and they've been ditching "The Big 4" for new transfer agents very quickly in the last few years.
Most new agents attract business through deeply-discounted rates, which traditionally can affect service. The issuers we've talked to appreciate our new technology, and many said we would be worth more than competitors with a working app.
However, thanks to the efficiencies of Stellar, we can charge these companies less than the competition while still offering free investor accounts. In particular, our major hard costs are:
We can spread the first four costs out across the companies we service since one bona fide account can hold any of our stocks. We also plan to cut polluting letter mail expenses by strongly pushing eDelivery and blockchain dividends.
Moreover, by offering banking connections for all issuers, we immediately enable firms to create a share purchase program with their existing treasury stock. According to an industry veteran who only negotiates transfer agent contracts, this alone is a huge feature most prospective clients lack.
We think finance should be open to everyone (no matter where you were born) without compounding fees. Vote for our project if you agree.
* The amounts shown are budget requests and not (yet) granted to the projects. During the Community Vote phase, voters can indicate whether the project deserves the amount it's asking for (budget request). The total pool of XLM available for SCF#11 is 8M XLM. SDF will allocate the XLM equivalent of the specified USD budget of the submissions with the most votes in descending order of rank until the earlier of (i) the XLM Pool is fully distributed (ii) there is not sufficient XLM remaining in the XLM pool to fully fund the next ranked submission or (iii) there are no remaining eligible submissions. The USD valuation of the budget request in XLM will be calculated using the CF Stellar Lumens-Dollar Settlement Price on December 5, 2022 as administered, maintained, and reported by the cryptocurrency index provider CF Benchmarks Ltd. (using the ticker “XLMUSD_RR”) (available at https://www.cfbenchmarks.com/indices/XLMUSD_RR). Learn more in the SCF Handbook.
*The USD valuation of the award in XLM is calculated using the CF Stellar Lumens-Dollar Settlement Price on July 5th as administered, maintained, and reported by the cryptocurrency index provider CF Benchmarks Ltd. (using the ticker “XLMUSD_RR”) (available at https://www.cfbenchmarks.com/indices/XLMUSD_RR)
**The USD valuation of the award in XLM is calculated using the CF Stellar Lumens-Dollar Settlement Price on December 16, 2021 as administered, maintained, and reported by the cryptocurrency index provider CF Benchmarks Ltd. (using the ticker “XLMUSD_RR”) (available at https://www.cfbenchmarks.com/indices/XLMUSD_RR)
*The USD valuation of the award in XLM is calculated using the CF Stellar Lumens-Dollar Settlement Price on September 27, 2021 as administered, maintained, and reported by the cryptocurrency index provider CF Benchmarks Ltd. (using the ticker “XLMUSD_RR”) (available at https://www.cfbenchmarks.com/indices/XLMUSD_RR)
* The USD valuation of the award in XLM is calculated using the CF Stellar Lumens-Dollar Settlement Price on the date of transfer as administered, maintained, and reported by the cryptocurrency index provider CF Benchmarks Ltd. (using the ticker “XLMUSD_RR”) (available at https://www.cfbenchmarks.com/indices/XLMUSD_RR)