Republic selects Avalanche blockchain for its investment security token
Republic has selected Avalanche as its blockchain of choice for the launch of Republic Note, a digital asset that allows investors to earn returns from an investment portfolio.
"With Avalanche, the Republic Note is getting the foundation it needs to reach and scale with a global audience of investors," Andrew Durgee, Republic’s president, said in the the statement.
Since being founded in 2016, Republic said it has deployed "more than $2.6 billion" into privately held ventures like Axiom Space and Dapper Labs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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