Republic

What Republic does

Republic is a regulated, on-chain investment platform founded in 2010 and headquartered in New York that enables retail, accredited, and institutional investors to access private market opportunities through equity crowdfunding, tokenization, and secondary trading. Operating as OpenDeal Inc. with subsidiaries including Republic Europe (formerly Seedrs), Republic Digital (formerly GoldenChain), Republic Ventures, Republic Capital, and Republic Advisory, the company serves a four-sided market: startups raising capital, retail investors seeking private market access, accredited/institutional investors sourcing venture deals, and asset owners seeking tokenization of real-world assets. The platform holds 9 distinct US, UK, and EU regulatory licenses including SEC Funding Portal, Broker-Dealer, Transfer Agent, ATS, and Investment Advisor registrations, with money transmitter coverage across 48 states plus DC.

Republic's core technology stack is built on blockchain infrastructure spanning 25+ networks (Aptos, Avalanche, Cosmos, Near, Sui, Solana, Ethereum, Injective, Polymesh, XDC) where it operates institutional-grade validators with 99.9% uptime and zero slashing history. The product portfolio spans the Republic Investment Platform (Regulation Crowdfunding marketplace), Republic Note (a dividend-eligible digital asset backed by 750+ portfolio companies), Mirror Tokens (tokenized debt securities providing exposure to SpaceX, Databricks, ByteDance), Sharedrops (community equity distribution), Secondary Trading Marketplace via INX ATS (24/7 liquidity), RWA Tokenization services (end-to-end issuance with BitGo custody), Launchpad (token launches with built-in KYC/AML), Republic Wallet (self-custody multichain), and Republic Advisory (token design and web3 strategy). Republic has supported 1,500+ raises totaling $2B+ in capital deployed, with marquee outcomes including Revolut ($1.8B+), Bobbie ($142M+), and Avalanche ($42M token offering).

Republic generates revenue through five primary streams: platform transaction and crowdfunding fees, tokenization and RWA issuance fees, advisory and consulting engagements, staking infrastructure services across its multi-chain validator network, and venture investment returns via Republic Capital and Republic Ventures. Go-to-market combines product-led growth (self-serve web and mobile apps with $100–$500 minimums), community-led acquisition (leveraging the 3M member base across 150 countries), and enterprise field sales through Republic Ventures and Republic Advisory for accredited and institutional clients. Distribution is augmented by strategic partnerships including Bitget (IPO Prime), LSE (PISCES), MSX (Asia pre-IPO platform), and Hamilton Lane (institutional private market funds).

Name

Republic

Legal name

OpenDeal Inc.

Website

https://republic.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Republic is a regulated, on-chain investment platform that enables retail, accredited, and institutional investors to access private market opportunities through equity crowdfunding, tokenization, and 24/7 secondary trading across 25+ blockchain networks. The company serves startups raising capital, investors seeking private market access, and asset owners pursuing real-world asset tokenization.

Ownership category

akta.pro rank

Product category

Private Markets Investment Platform

NAICS

Other Financial Investment Activities (5239), Open-End Investment Funds (52591)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Asset-Backed Securities (6189)

akta.pro primary industry

Tokenization Platforms (RWA, Securities, Funds) (FSAGAMAA)

akta.pro secondary industries

Tokenized Securities & Capital Markets (Equity, Debt, Funds) (FSADAEAA), Tokenized Securities & Capital Markets Infrastructure (equities, bonds, funds, ATS/MTF connectivity) (FSAPAIAD), Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL)

Keywords

• Equity crowdfunding platform
• Private market investing
• Real-world asset tokenization
• Blockchain infrastructure services
• Secondary securities trading

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Platform transaction fees: Republic charges fees on investment transactions processed through its platform, including crowdfunding campaign fees and secondary market trading commissions.
2. Advisory and consulting services: Republic Advisory provides token design, tokenomics consulting, and strategic guidance to Web3 ventures, charging fees for project-based advisory engagements.
3. Tokenization services: Fees for end-to-end asset tokenization including design, build, distribution, and administration of digitized real-world assets.
4. Staking infrastructure services: Revenue from operating validators and nodes across multiple blockchain networks, including institutional staking and white-label validator services.
5. Republic Note investment product: The Republic Note is a dividend-eligible digital asset that generates returns through Republic's portfolio of private company investments.

Pricing tiers

Go-to-market motion3 records

Distribution channels8 records

Marketing channels6 records

Core offering

Republic operates an on-chain investment platform that democratizes access to private markets through equity crowdfunding under SEC Regulation Crowdfunding, Reg D, and Reg S frameworks. The company offers tokenized securities (Republic Note, Mirror Tokens), a 24/7 secondary trading marketplace, end-to-end real-world asset tokenization, advisory services for Web3 ventures, and institutional-grade multi-chain staking infrastructure across 25+ blockchain networks.

Product overview

Republic is an on-chain investment platform providing a comprehensive suite of products for accessing private markets. The core platform enables startup investing through Regulation Crowdfunding, while Republic Note provides diversified portfolio exposure with dividend eligibility. The Secondary Trading Marketplace offers 24/7 liquidity for private securities, and Mirror Tokens provide exposure to late-stage private companies like SpaceX. Supporting products include Sharedrops for community equity distribution, Launchpad for token launches, RWA Tokenization services, and Staking Infrastructure across 25+ blockchain networks. Republic Advisory provides web3 strategy services, Republic Ventures serves institutional investors, and Republic Europe extends services to the UK/EU market. Republic Capital provides in-house venture investment. The platform has facilitated over $3B in capital deployment across 3M+ community members in 150+ countries.

Differentiator

Problem solved

Functional benefit

Brands

• Republic Note: A dividend-eligible digital asset linked to Republic's growing venture portfolio, providing investors access to Republic's evergreen portfolio of 750+ ventures.
• Republic Ventures
• Republic Capital
• RepublicX (Mirror Tokens)
• Republic Digital

Products and services

• Republic Investment Platform
• Republic Note
• Secondary Trading Marketplace
• Republic Mirror Tokens
• Sharedrops
• Launchpad
• RWA Tokenization
• Staking Infrastructure
• Republic Advisory
• Republic Wallet
• Republic Ventures
• Republic Europe

Quantifiable outcome

• Companies can raise up to $75M from community investors through a single cap table line item
• +3 more outcomes

Named customers11 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration16 records

Feature6 records

Partnerships

13 partnerships are on record, tiered minor and core.

• The Sports BraminorGTM or Marketing Partner · 20 May 2026Portland-based sports bar focused on women's sports raising $1.2 million through Republic crowdfunding campaign for national expansion and franchise growth.
• XDC NetworkcoreTechnology or Integration · 5 May 2026Republic joined XDC Network as an institutional masternode validator, operating nodes to secure the network and validate on-chain transactions for trade finance and real-world asset applications. CEO Jeffrey Vier described it as a strategic statement on digital asset infrastructure.
• BitgetcoreGTM or Marketing Partner · 28 April 2026Partnership to launch IPO Prime enabling non-US investors to access tokenized pre-IPO shares with SpaceX preSPAX as first listing on Bitget's platform.
• AltiliumminorGTM or Marketing Partner · 24 April 2026CleanTech company Altilium launched strategic investment round on Republic Europe to scale UK's EV battery circular economy, building on £18.5 million government grant.
• London Stock Exchange (LSE)coreStrategic or Co-development Partner · 15 April 2026Republic Europe partnered with LSE to offer access to PISCES (Private Intermittent Securities and Capital Exchange System), facilitating private capital formation and trading with retail investor access to Oxford Science Enterprises.
• Hamilton LanecoreStrategic or Co-development Partner · 17 March 2026Strategic investment and deepening partnership to expand retail access to institutional-quality private market funds. Hamilton Lane manages $1 trillion in assets and partnered with Republic for tokenization and on-chain infrastructure initiatives. The partnership includes tokenizing Hamilton Lane's Private Infrastructure Fund on Republic's platform.
• MSX (Maitong)coreGTM or Marketing Partner · 2 March 2026Partnership to launch Pre-IPO private equity tokenization platform enabling retail investors to purchase fractional tokenized shares of top unlisted tech unicorns including SpaceX, ByteDance, Lambda Labs, and Cerebras at minimum entry of 10 USDT.
• KrakencoreStrategic or Co-development Partner · 26 January 2026Republic Europe launched an SPV enabling European retail investors to gain indirect equity exposure to Kraken ahead of its anticipated US IPO. This marks the first European precedent for such a pre-IPO investment vehicle.
• PTS (Pivotal Trend Service)minorGTM or Marketing Partner · 21 November 2025Launched PMN, Japan's first compliant STO offered in the US through Republic platform, providing Bitcoin-linked exposure through structured mining infrastructure with over $2 million in pre-sales.
• GoldenTree Asset ManagementcoreStrategic or Co-development Partner · 2 April 2024Republic acquired GoldenChain, the digital asset arm of GoldenTree Asset Management, rebranding it to Republic Digital. Joe Naggar leads the new entity as CEO and CIO to drive growth in digital assets.
• EsenminorStrategic or Co-development PartnerPartnership for a mixed-use development in Charlotte. Republic collaborates with Esen on this urban development project.
• BitGo Trust CompanycoreTechnology or IntegrationBitGo provides custody services for tokenized securities, holding underlying legal shares of companies like Animoca Brands in secure custodial accounts. Republic partnered with BitGo Bank & Trust for the Animoca Brands tokenization.
• INX SecuritiescoreTechnology or IntegrationINX Securities operates the regulated Alternative Trading System (ATS) for Republic's secondary market trading of tokenized securities, providing FINRA/SIPC protection and regulatory compliance infrastructure.

Scale indicators10 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• StartEngine: StartEngine is a leading equity crowdfunding platform operating under Reg CF and Reg A+, directly competing with Republic's core retail investment marketplace. Both platforms serve startups raising from retail investors and accredited investors with comparable minimum investment thresholds.
• WeFunder: WeFunder is one of the largest Reg CF equity crowdfunding platforms in the US, offering retail investors access to startup investments. It competes head-to-head with Republic on deal flow, community engagement, and the same regulatory framework.
• Securitize: Securitize is a tokenization platform that enables private companies and funds to issue compliant digital securities. It directly competes with Republic's RWA tokenization and Mirror Token offerings, serving issuers seeking blockchain-based securities distribution.
• SeedInvest: SeedInvest is a startup investing platform operating under Reg CF, Reg D, and Reg A+, focused on curated venture deals. It competes with Republic's crowdfunding marketplace for both issuers raising capital and retail investors seeking private market exposure.
• tZERO: tZERO operates a regulated ATS for trading tokenized securities and provides blockchain-based infrastructure for digital asset issuance, comparable to Republic's INX-powered secondary marketplace. Both focus on bringing private securities on-chain with regulatory compliance.
• Figment: Figment is a leading institutional staking infrastructure provider operating validators across 50+ blockchain networks. It competes directly with Republic's staking infrastructure services business for protocol delegations and white-label validator deployments.
• Blockdaemon: Blockdaemon provides institutional-grade blockchain infrastructure including validator nodes, staking, and node-as-a-service across multiple chains. It competes with Republic's staking infrastructure division for protocol and enterprise client mandates.
• INX (now Republic subsidiary): INX was an SEC-registered broker-dealer operating a regulated ATS for tokenized and digital securities before being acquired by Republic in 2025. It now operates as Republic's secondary trading arm, but historically was a comparable peer providing regulated trading infrastructure.

Emerging players

• Masterworks: Masterworks is an alternative asset platform that fractionalizes blue-chip artwork for retail investors, similar in spirit to Republic's democratization of private markets. While focused on art rather than startups, it competes for the same retail investor mindshare around access to traditionally exclusive assets.

Broad incumbents

• Carta: Carta is a much larger cap table management and private market infrastructure platform. Republic explicitly partnered with Carta for cap table management, but they increasingly overlap in serving private companies with secondary trading, valuation, and investor management capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/joinrepublic
• Facebookfacebook.com/joinrepublic

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries5 records

Funding overview

Funding rounds13 records

Investors54 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A9 records

Investments97 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Republic