Republic will tokenize equity in Hong Kong-based Web3 giant Animoca Brands on Solana, opening global investor access to the private company’s shares.
Real-world asset (RWA) tokenization company Republic plans to tokenize equity in major Hong Kong-based Web3 investment company Animoca Brands.
According to a Tuesday Republic announcement, Animoca Brands’ equity tokenization on Solana will allow more investors to access exposure to the company. Animoca is not listed on any public exchange but has invested in more than 600 Web3 projects.
Andrew Durgee, co-CEO at Republic, said the initiative sets “a precedent for how companies can structure their equity for the future.” Solana Foundation president Lily Liu added that the move “showcases what internet capital markets make possible,” giving retail investors access to opportunities once reserved for private markets.
