The Republic Investment Platform revealed plans on Tuesday to tokenize the actions of cryptographic firm Animoca Brands in Solana Blockchain, a movement destined to open the access of investors through Blockchain Rieles.
Animoca’s brands, known for supporting more than 600 startups and blockchain projects, remains private with actions that are only negotiated in limited free sale agreements. Republic said his plan will create digital tokens that represent the property in the company, which can be maintained in cryptographic and traded wallets in the market itself.
“This tokenization is strongly aligned with Animoca Brands’s position as web3 leader, providing novel options for investors to touch and exchange their holdings, as well as expand the accessibility of investment for a broader market,” said Yat Siu, executive and co -founder president of the animoca brands.
The measure could allow a global set of broader investors to obtain exposure to a private technology company without waiting for a traditional public list. Tokenization, a red -red trend to create tokens based on blockchain of traditional financial assets such as assets, is often promoted as a tool to expand the access of investors to assets previously limited to only a few selected, the proponents say. However, some private capital tokens offers, such as Robinhood’s concerns, such as the limited rights of shareholders and fragmented regulations.
Republic said that Animoca’s capital token will meet the existing regulatory requirements. Details on tokens prices and launch deadlines are expected later, according to the blog post.
“This is a look at the future, where retail investors worldwide can participate in opportunities once reserved for some, and companies can take advantage of liquidity and distribution on a global scale,” said the president of the Solana Foundation, Lily Liu, in a statement.
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