Republic will tokenize Animoca Brands’ equity on Solana, opening global access to the Web3 giant’s private shares.
Summary
- Republic will tokenize equity in Animoca Brands, allowing global investors to trade shares of the unlisted Web3 giant on its regulated platform.
- Solana was chosen as the tokenization platform due to its speed, scalability, and growing institutional adoption.
Republic announced today that it will tokenize the equity of Animoca Brands, a leading Web3 investment and development firm with a portfolio of over 600 projects.
The initiative is intended to dramatically broaden investor access, especially given that Animoca Brands is not currently listed on any public stock exchange. Its shares are available only through over-the-counter secondary markets, which are often illiquid and opaque. Republic’s tokenization plan aims to change that by making Animoca’s equity tradable on its regulated, blockchain-based marketplace.
The tokenized equity will be issued on the Solana (SOL) blockchain and distributed directly to participating investors’ wallets. “Tokenizing Animoca Brands’ equity on Solana showcases what Internet Capital Markets make possible – instant, global access to private company ownership. Solana’s high-performance infrastructure ensures that tokenized shares can move with the same speed and efficiency as the internet itself, said Lily Liu, President of the Solana Foundation.
Animoca Brands tokenization bolsters Solana’s role as an RWA hub
Republic’s announcement comes on the heels of Galaxy Digital’s move earlier this month to tokenize its Class A shares in partnership with Superstate, also selecting Solana as the underlying network.
More broadly, Solana’s appeal as a platform for RWA tokenization is accelerating. According to a Sept. 29 report by RedStone, Solana now hosts over $700 million in RWAs, and more than $13.5 billion when including stablecoins. That RWA figure alone has grown over 500% year over year. The report credited Solana’s performance—especially its ability to handle up to 100,000 transactions per second—as a key factor attracting institutional interest.
Beyond tokenization, major financial firms—including BlackRock, Apollo Global, Janus Henderson, and VanEck—are exploring or building on Solana, while exchanges like Kraken take advantage of its fast, low-cost infrastructure to facilitate tokenized equity trading.
