Crypto startup investment company Republic has selected Avalanche as the blockchain to launch its native token, the Republic Note, as part of its mission to democratize private market investing.
According to an announcement seen by CryptoPotato, Republic chose Avalanche for the launch due to the network’s scale, speed, and customizability, with intentions to expand its footprint to a subnetwork next year.
Republic Picks Avalanche for Token Launch
The Republic Note has accumulated over $30 million in pre-sales from thousands of individual and institutional investors. The soon-to-be-launched token will aid the distribution of profits generated from Republic’s portfolio of over 750 private assets to holders in stablecoins.
Launched in 2016, Republic has created a global community of over three million members who have deployed over $2.6 billion in many private ventures, including Dapper Labs, Carta, and Axiom Space. The company disclosed its intentions to launch the Republic Note in 2
We współpracy z: https://cryptopotato.com/crypto-investment-startup-republic-to-launch-native-token-on-avalanche/
