Republic, a company specializing in real-world asset (RWA) tokenization, is set to tokenize the equity of Animoca Brands, a major Web3 investment firm based in Hong Kong, on the Solana blockchain.
This strategic move, announced by Republic, aims to offer global investors access to shares of Animoca Brands, a company not publicly listed yet widely invested in over 600 Web3 projects.
Andrew Durgee, co-CEO of Republic, emphasized that this initiative could establish a novel standard for how companies structure equity in the evolving digital economy. Lily Liu, president of the Solana Foundation, highlighted that such tokenization unlocks internet capital markets, granting retail investors opportunities previously limited to private markets.
The tokenized equity will be issued on the Solana blockchain and distributed to investors’ wallets, with trading facilitated through Republic’s platform, marking a significant development in equity accessibility.
Animoca Brands, pursuing aggressive expansion, has recently participated in various funding rounds and formed innovative partnerships in the Web3 space, including ventures focusing on metaverse projects and Web3 entertainment funds.
Real-world asset tokenization continues to gain momentum, with projections suggesting trillions of dollars in traditional finance assets may be represented on-chain in the future. Recent moves by other firms integrating stablecoins and tokenizing equities underscore this growing trend.
- Republic enables tokenization of Animoca Brands’ equity on Solana.
- Animoca Brands invests in over 600 Web3 projects but remains private.
- The initiative offers retail investors new access to private equity markets.
- Tokenized equity will trade via Republic’s infrastructure.
- Real-world asset tokenization is surging with institutional interest.
This equity tokenization illustrates the expanding integration of blockchain technology in traditional finance, opening doors for wider investor participation and innovation in asset management.
