Republic, a platform letting users invest in early-stage companies, announced plans to launch its own digital asset on Algorand’s blockchain.
“We are excited to be using their cutting edge blockchain technology to enable the creation of a new dynamic digital asset,” Republic co-founder Kendrick Nguyen said of Algorand in a March 17 statement provided to Cointelegraph. The asset will allow the public access to the success or failure of Republic through investment.