The Republic Investment Platform on Tuesday revealed plans for tokenize of the actions of the Capital-Risk Venture Animoca Brands on Solana venture venture company on the Solana Blockchain, a decision to open access to investors via blockchain rails.
Animoca brands, known to support more than 600 Blockchain startups and projects, remain private owned with actions only negotiated in free -free limited transactions. Republic said that his plan will create digital tokens that represent the property of the company, which can be held in cryptographic portfolios and negotiated on the Republic market.
“This tokenization aligns strongly with the position of animoca brands as a web3 leader, offering new options to investors for Tokenize and exchange their assets as well as to expand the accessibility of investments for a wider market,” said Yat Siu, executive president and co-founder of Brands Animoca.
This decision could allow a broader global investor set to expose itself to a private technology company without delay a traditional public list. Tokenization, a hot trend to create tokens based on the blockchain of traditional financial assets such as equity, is often presented as a tool to expand access to investors with assets previously limited to a few selected, according to supporters. However, certain offers of investment capital tokens such as Robinhood have aroused concerns such as the limited rights of shareholders and fragmented regulations.
Republic said that the animoca equity token will meet existing regulatory requirements. The details on the prices of the tokens and the launch deadlines are expected later, said the blog post.
“This is an overview of the future, where retail investors around the world can participate in opportunities once reserved for a few, and companies can exploit liquidity and distribution worldwide,” said the president of the Solana Foundation, Lily Liu, in a press release.
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