One asset, broad exposure to venture & crypto. Fueled by Republic’s thriving ecosystem

Digital securities are digital forms of traditional securities, typically represented on a blockchain network. Just like traditional securities, digital securities tend to represent fractional ownership of an asset.

Each Republic Note is a unit of Class B limited liability company membership interests in digital form issued by Republic Core LLC.

Republic Note Holders receive dividend distributions from the Dividend Pool each time it reaches a threshold amount of $2 million. In the event of a dividend distribution, each Republic Note entitles its holder to a pro-rata amount from the Dividend Pool, after operational transaction fees have been deducted. The dividend distributions may be made in USDC stablecoins. Republic Note holders will be made aware of upcoming dividend distributions at least four weeks prior to such an event.

The parameters of the dividend payment process, like the threshold amount and the form and currency of the dividend payments are subject to change at the sole and reasonable discretion of the Republic management team.

The beta program of community benefits is live and Note holders enjoy invitations to special events, investor newsletter updates, access to an online forum (in development) Certain new benefits will be announced and rolled out provided to Republic Note holders in early 2024. It is likely that the number and type of benefits available will correlate with the amount and duration of Republic Notes held by a community member.

The full release for Republic Note community benefits is in development and will become gradually available over the course of Q4 2023 and 2024.

Republic is a multi-faceted investment firm. We operate platforms, broker-dealers, advisors and portals across different continents. Our two largest investment businesses in the US are Republic Portal and Republic Capital.

1. Republic Portal accepts and hosts hundreds of startups every year and helps them raise funding from their community. After each raise, Republic keeps 2%* of the raised amount in the form of securities — typically equity or SAFEs. This constitutes the source of assets for the Republic Portal Portfolio. The Note is exposed to every single startup that goes through Republic Portal.

2. Republic Capital is a venture arm that invests in larger, later-stage and harder-to-get deals. Unlike Portal, it does not retain a commission, but rather earns Carry — the carried interest right. It is a type of performance fee that pays when portfolio assets are sold and make a profit to LPs — Limited Partners who provide the capital for the investments.

When Portal earns a profit by selling any of its portfolio assets — it shares 100% of the net profit with the Note. When Capital earns a profit on their carry rights — it shares 25% of the net profit with the Note.

Yes! The Note is live 24/7 trading on INX. Residents of most countries are allowed to trade. View the market or get set up for trading.

800,000,000. There will never be more than 800 million Republic Notes in circulation. Read the Republic Note white paper for more details.