Republic to Tokenize Animoca Brands Equity Using Solana Blockchain

Global investment platform Republic plans to tokenize Animoca Brands' equity, offering global investors compliant regulatory access to the Web3 firm. Currently, Animoca Brands is not publicly listed; its shares are accessible only through OTC markets.

Key Points:

Republic aims to tokenize Animoca Brands' equity using its infrastructure.
Animoca Brands holds a portfolio of over 600 Web3 investments and uses blockchain for digital property rights.
The tokenization will allow secondary trading of Animoca Brands' equity on Republic’s marketplace.
Tokens will be minted on the Solana blockchain for distribution to investors' wallets.
Solana's high speed and low fees make it a competitive choice against networks like Ethereum.
Recent Solana adoption includes Forward Industries’ plan to tokenize its stock on the network.