Republic, the investment firm, is breaking new territory by launching its profit-sharing digital token, Republic Note. The new token will be on the INX trading platform via the Avalanche blockchain, available from December 6 on. The move provides retail investors with unprecedented access to Republic's impressive portfolio of over 750 private companies, including buzzworthy companies like SpaceX, Dapper Labs, and Carta.
Republic Note's distinctive feature is its accessibility to non-accredited investors — often unavailable in the private equity industry. During liquidity events such as dividend payments, token investors receive a part of their earnings in USDC dividends transferred straight to their digital wallets. When the payback pool reaches $2M, the dividends begin.
According to CEO Kendrick Nguyen, the token listing is a watershed moment for private equity, providing unprecedented levels of accessibility, transparency, and liquidity. The Republic Note has already sparked significant interest, earning more than $30M in private sales before listing from institutions like Binance and the Avalanche Foundation.
Since its launch in 2016, Republic, an early adopter of Regulation Crowdfunding, has invested over $2.6B in private ventures. This new token offering is consistent with the firm's aim of democratizing private enterprise investments.
