Republic's Profit-Sharing Digital Token to Debut on INX Next Week

• Republic to List Profit-Sharing Token on INX Trading Platform Via Avalanche Blockchain
• Unlocking Exposure to a Broad Venture Portfolio
• Advantage for Non-Accredited Investors
• How it Works
• Significant Shift in Private Equity Landscape
• Interest and Funding Pre-Listing
• A Pioneer in Private Equity

Republic to List Profit-Sharing Token on INX Trading Platform Via Avalanche Blockchain

Republic, a prominent investment firm, has announced plans to list its profit-sharing digital security token, known as the Republic Note, on INX's trading platform. The listing, set to take place on December 6, will facilitate trading through the Avalanche blockchain, as per a recent company statement.

Unlocking Exposure to a Broad Venture Portfolio

The listing represents an opportunity for investors seeking exposure to Republic's broad venture portfolio, which comprises over 750 private companies. This diverse portfolio includes both Web2 and Web3 businesses and a range of assets, with big names such as SpaceX, Dapper Labs, and Carta among them.

Advantage for Non-Accredited Investors

The security token will be made available for non-accredited investors, offering a chance for retail investors to enter the market at low minimum investment levels. This opens the door for interested parties who typically cannot stake a claim in private companies due to lack of accreditation and significant funds.

How it Works

When a company triggers a liquidity event, such as a dividend payment or other cash-generating activity, profits will flow into a Republic Note dividend pool. Once this pool reaches the $2 million mark, Note investors will receive USDC dividends in their digital wallets.

Significant Shift in Private Equity Landscape

Kendrick Nguyen, co-founder and CEO of Republic, asserts that the Republic Note's listing represents a significant milestone for the company. More than that, it implies a broader shift in the private equity landscape. Owning even a single Republic Note can unlock unprecedented levels of accessibility, transparency, and liquidity in the private equity sector.

Interest and Funding Pre-Listing

The journey to the Republic Note's listing has already generated significant attention, raising over $30 million from major players like Binance and the Avalanche Foundation. This funding, secured via a private sale prior to the listing, also featured contributions from numerous individual investors.

A Pioneer in Private Equity

Since its inception in 2016, Republic has allocated over $2.6 billion into privately-held ventures. The firm made history as one of the first platforms to facilitate private companies in raising capital from non-accredited investors through Regulation Crowdfunding. High-profile backers of Republic include Morgan Stanley, AngelList, and Galaxy Digital.

Edited by Jonathan Stoker