Binance helps invest $12m to grow Republic

Jul 9, 2018 • Robert Lavine

Crowdfunded investment platform Republic has secured funding in a round co-led by Binance's venture capital and incubator arm.

Binance Labs, the incubator and VC subsidiary of crypto exchange operator Binance, has co-led a $12m round for US-based public investment platform operator Republic, CCN has reported.

The round was co-led by NGC ECO Fund, a subsidiary of blockchain project NEO foundation, and included ZK Capital, Oyster Ventures, FBG Capital, Hazoor Capital, East Chain and ZhenFund.

Republic runs an online platform that enables users to access crowdfunded investments in startups and initial coin offerings by buying presale tokens.

Several of…

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