Investment platform Republic announced groundbreaking plans to tokenize Animoca Brands equity shares on the Solana (SOL) blockchain, revolutionizing private market accessibility through blockchain technology.
Animoca Brands, a leading Web3 investor with over 600 blockchain portfolio companies, currently maintains private status with limited over-the-counter trading availability. Republic's innovative solution creates digital tokens representing direct company ownership, enabling storage in cryptocurrency wallets and trading on Republic's proprietary marketplace.
"This strategic tokenization reinforces Animoca Brands' Web3 leadership position, offering investors unprecedented flexibility to tokenize holdings while expanding market accessibility," stated Yat Siu, Animoca Brands Executive Chairman and Co-Founder.
The initiative opens global investment opportunities in private technology companies without traditional IPO requirements. Tokenization represents the rapidly growing trend of converting traditional financial assets into blockchain-based tokens, widely recognized for democratizing access to previously exclusive investment opportunities, though some previous equity token offerings faced regulatory fragmentation concerns.
Republic confirmed Animoca's equity tokens will maintain full regulatory compliance. Specific token pricing and launch schedule details will follow in subsequent announcements.
"This demonstrates the future landscape where global retail investors access previously exclusive opportunities, while companies unlock worldwide liquidity and distribution channels," commented Lily Liu, President of Solana Foundation.
Read more: SEC Willing to Engage With Tokenized Asset Issuers, SEC's Hester Peirce Says