Republic plans to tokenize equity in Hong Kong-based Animoca Brands on Solana, allowing more investors access to the company’s projects. This move sets a precedent for structuring future equity and showcases internet capital markets’ potential. Tokenized equity will be minted on Solana, distributed to investors, and tradable on Republic’s platform.

Real-world assets are gaining interest, with Animoca Brands predicting tokenized assets could represent trillions in traditional finance. Major crypto investment firms like BlackRock and VanEck are integrating Ripple’s USD stablecoin, while Forward Industries plans to tokenize its shares on Solana. Standard Chartered and Animoca also partnered for a stablecoin venture in Hong Kong.

Animoca Brands aims to raise capital through tokenizing equity, following aggressive expansion efforts. The company recently invested in Bio Protocol’s funding round and restructured operations in its metaverse subsidiary, The Sandbox. Animoca also launched a Web3 entertainment investment fund in collaboration with Antler’s Ibex Japan.

Read more at Cointelegraph: Republic to Tokenize Animoca Brands Equity on Solana