Animoca Brands Revolutionizes Investment by Tokenizing Shares on Solana
Animoca Brands, a leader in digital asset ownership, is set to revolutionize investment by tokenizing its shares. This move, facilitated by Republic on the Solana blockchain, aims to broaden access and participation for both individual and institutional investors.
Animoca Brands sees this tokenization as a natural extension of its mission to expand digital asset ownership. Republic, with its vast community of over three million members across 150 countries and $3 billion deployed across 2,500 companies, is making Animoca's private shares more widely available.
The tokenized shares will be minted on Solana, chosen for its high transaction throughput and scalable infrastructure. This blockchain will manage the assets on a global scale, with trading taking place on Republic's global marketplace. Investors will receive their tokens directly in their digital wallets. Forward Industries is set to follow suit, tokenizing its private market shares on the same platform.
This project marks a significant milestone in bridging traditional finance with blockchain technology. It demonstrates how corporate equity can be reimagined for the digital era, potentially serving as a model for other firms. By tokenizing its shares, Animoca Brands is opening up new investment opportunities and further democratizing access to the market.
