Republic completes $3 million financing through the issuance of new security tokens

ChainCatcher news, investment platform Republic has completed a $3 million financing through the issuance of a new security token "Republic Core" under the Reg CF financing product. According to the Reg CF offering documents, "Republic Core" utilizes the Algorand blockchain and is issued in digital form, with asset management functions provided by smart contracts.

Additionally, according to the crypto data platform RootData, Republic previously raised $16 million in 2020 by selling Republic Note security tokens. (source link)