Republic has selected Avalanche as the blockchain to introduce its profit-sharing digital asset, the Republic Note, marking a significant step forward in its goal to democratize private market investment. Due to its scalability, speed, and customization capabilities, Republic chose Avalanche, and for the next year, it intends to extend its presence to a dedicated Subnet.
The Republic Note, which is accessible to retail investors worldwide at low minimums, collects earnings from Republic’s portfolio of more than 750 private assets and transfers them in stablecoins to users’ digital wallets. Thousands of private investors and institutional entities have contributed over $30 million to the Republic Note’s pre-sale.
Republic was established in 2016 and has since made it possible for its worldwide community of more than 3 million members to invest more than $2.6 billion in a variety of privately owned businesses, such as Axiom Space, Dapper Labs, and Carta. In 2018, Republic decla
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