Curated News
By: NewsRamp Editorial Staff
February 13, 2026
Father of JOBS Act Joins KoreInside to Revolutionize Private Capital Markets
TLDR
- KoreInside's appointment of David Weild IV provides a strategic advantage by leveraging his NASDAQ and JOBS Act expertise to enhance credibility and accelerate blockchain adoption in private markets.
- KoreInside operates as a secure blockchain infrastructure that manages private capital market activities from issuance to settlement, ensuring compliance and interoperability for all participants.
- This initiative aims to boost small business growth, job creation, and innovation by reducing market friction, potentially leading to societal benefits like curing diseases and improving national security.
- David Weild IV, known as the 'Father of the JOBS Act,' joins KoreInside to transform private markets with a DTCC-equivalent blockchain system for seamless transactions.
Impact - Why it Matters
This development matters because private capital markets have become increasingly vital for economic growth, innovation, and job creation, yet they've operated with fragmented, inefficient infrastructure compared to public markets. The appointment of David Weild IV—architect of landmark legislation that transformed startup funding—signals a serious effort to address these systemic inefficiencies. As private markets continue expanding (representing trillions in value), improved infrastructure could dramatically increase capital formation for small businesses and startups, potentially accelerating innovation in critical areas like healthcare, national security, and technology. For investors, this means more transparent, compliant, and efficient access to private investment opportunities. For companies seeking funding, it could reduce the administrative burdens and costs associated with capital raising. The integration of SEC-qualified blockchain technology also represents a significant step toward mainstream institutional adoption of distributed ledger technology in regulated financial markets.
Summary
KoreInside, a pioneering infrastructure company for private capital markets, has made a significant strategic move by appointing David Weild IV to its advisory team. Weild, widely recognized as the "Father of the JOBS Act" and former Vice Chairman of the NASDAQ Stock Market, brings unparalleled expertise in capital markets, regulatory policy, and market design to the company. His appointment represents a transformative milestone for KoreInside, elevating its credibility with regulators, investors, and global financial institutions while accelerating its mission to eliminate friction in private markets.
The company's core offering is the first secure, end-to-end infrastructure designed to make private capital markets work better for all participants including broker-dealers, investment banks, RIAs, ATSs, asset managers, transfer agents, issuers, and investors. Operating on a single, compliant blockchain infrastructure, KoreInside enables private market activities—from issuance and shareholder management to clearing, settlement, disbursement, distribution, and aftermarket support—to function with the rigor and efficiency expected in public markets without sacrificing regulatory compliance. The platform addresses critical infrastructure gaps that have become roadblocks as private markets continue their rapid growth.
KoreInside's technology includes KoreID, an interoperable investor and issuer identity passport, and KoreChain, the first SEC-qualified blockchain for private securities. These components enable scalable, compliant, and auditable private market transactions while serving as neutral, non-competitive infrastructure for regulated intermediaries. CEO Oscar Jofre emphasized that Weild's deep expertise and extensive network will help bring KoreInside's groundbreaking infrastructure to all regulated intermediaries as quickly as possible, driving institutional blockchain adoption and helping private markets realize their full potential for innovation, job creation, and economic growth.
Source Statement
This curated news summary relied on content disributed by NewMediaWire. Read the original source here, Father of JOBS Act Joins KoreInside to Revolutionize Private Capital Markets
