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Republic to Tokenize Animoca Brands Equity on Solana

The planned Solana-based tokens aim to expand regulated access to a private Web3 leader through Republic’s marketplace.

Overview

  • Republic said it will mint digital tokens that represent Animoca Brands shares and distribute them directly to investor wallets on Solana.
  • Trading of the tokenized equity is planned on Republic’s global marketplace within a regulatory-compliant framework.
  • The structure is intended to broaden participation by retail and institutional investors who previously relied on illiquid OTC channels for Animoca equity.
  • Republic’s Andrew Durgee called the effort a precedent for future equity structures, while Solana Foundation’s Lily Liu emphasized fast, global ownership access.
  • Animoca Brands remains privately held with a portfolio of more than 600 Web3 investments, including The Sandbox, Axie Infinity, and OpenSea.