Republic to Issue Blockchain-Based Security Token Paying Dividends to Retail Investors
Republic, a neo-investment and technology firm, is set to launch a blockchain-based security token called the Republic Note. The digital asset will pay dividends to retail investors from profits generated by Republic's varied investment portfolio and services. The Republic Note has already raised over $30 million in a presale round and dividends will be paid out in USD Coin (USDC) to retail investors once the dividend pool reaches $2 million. The notes will not be tradeable digital assets and will be listed on select securities exchanges in the next two to three months.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin price prepares for ‘70% to 80%’ gain as onchain metrics and spot BTC ETF inflows spike
Experts Anticipate a Surge for SUI Cryptocurrency Based on Positive Indicators
In Brief SUI cryptocurrency shows optimism through positive technical indicators. Experts believe SUI is poised for a potential upward movement. Institutional predictions suggest significant price levels could be reached for SUI.
Massive OM Token Burn Sparks Investor Debate and Market Tension
In Brief Mullin announced a significant burn of 300 million OM tokens to reduce supply. Investor confidence is shaken as whale movements raise concerns about potential sell-offs. Market sentiment remains crucial as analysts call for additional measures for recovery.
Who is Patrice Evra, French football legend, set to speak at Token 2049 Dubai?
Trending news
MoreCrypto prices
More
