{"id":24579,"date":"2023-11-17T16:58:56","date_gmt":"2023-11-17T16:58:56","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/republic-chooses-avalanche-blockchain-for-tokenized-investment-fund\/"},"modified":"2023-11-17T16:58:56","modified_gmt":"2023-11-17T16:58:56","slug":"republic-chooses-avalanche-blockchain-for-tokenized-investment-fund","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/republic-chooses-avalanche-blockchain-for-tokenized-investment-fund\/","title":{"rendered":"Republic chooses Avalanche blockchain for tokenized investment fund"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/04\/1681314496900-c160c961-8ef0-4fb2-8242-77f20bbf2896-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/04\/1681314496900-c160c961-8ef0-4fb2-8242-77f20bbf2896-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/04\/1681314496900-c160c961-8ef0-4fb2-8242-77f20bbf2896-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/04\/1681314496900-c160c961-8ef0-4fb2-8242-77f20bbf2896-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>Republic aims to leverage Avalanche\u2019s features for global scalability.<\/li>\n<li>Republic Note has already attracted over $30 million in pre-sale participation.<\/li>\n<li>The move could potentially help stop the current AVAX price drop.<\/li>\n<\/ul>\n<p>Investment platform Republic has selected Avalanche as the <a href=\"https:\/\/coinjournal.net\/news\/tag\/blockchain\/\">blockchain<\/a> for its upcoming tokenized investment fund, Republic Note.<\/p>\n<p>The move is part of Republic\u2019s strategic vision to leverage Avalanche\u2019s strengths for global scalability.<\/p>\n<h2>Tokenizing investment with Republic Note<\/h2>\n<p>Republic Note introduces a security token that allows investors to earn returns from a diverse portfolio of over 750 private assets. The digital asset, not yet deployed to the mainnet, has already garnered significant interest, with over $30 million in pre-sale participation from individual and institutional investors.<\/p>\n<p>Republic President Andrew Durgee highlighted Avalanche\u2019s role in providing the foundation needed for Republic Note to reach a global audience of investors. The choice of Avalanche is strategic, considering its innate features, including the ability to set up controllable subnets. These subnets, highly customizable side chains, play a crucial role in optimizing for regulatory compliance associated with being a digital security.<\/p>\n<h2>Republic\u2019s profit-sharing approach<\/h2>\n<p>Republic Note is designed to share profits generated from Republic\u2019s extensive venture portfolio with investors. It plans to distribute up to 25% of the dividend pool to token holders, emphasizing a profit-sharing model.<\/p>\n<p>The token\u2019s price during the pre-sale round was $0.36, with a total supply capped at 800 million.<\/p>\n<h2>A potential boost for AVAX price<\/h2>\n<p>Republic\u2019s move to launch Republic Note on Avalanche could have implications for <a href=\"https:\/\/coinjournal.net\/avalanche\/\">AVAX price<\/a>. The strategic partnership between Republic and Ava Labs and Republic Note\u2019s unique profit-sharing model might instil confidence in AVAX investors, potentially mitigating further price declines.<\/p>\n<p>AVAX price today plummeted to a low of $20.18 losing more than 10% in value before the Republic Note announcement was made. After the announcement, the price recovered about 3% with the price rising to $20.52 at press time.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/republic-chooses-avalanche-blockchain-for-tokenized-investment-fund\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Republic aims to leverage Avalanche\u2019s features for global scalability. Republic Note has already attracted over $30 million in pre-sale participation. The move could potentially help stop the current AVAX price drop. Investment platform Republic has selected Avalanche as the blockchain for its upcoming [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":24580,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/24579"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=24579"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/24579\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/24580"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=24579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=24579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=24579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}