Annual Report ’23

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Annual Report

’23

2023

*data as of 12.18.23

In 2023, Republic intensified our pursuit to unlock private markets—in some big, bold, brand new ways.

Community

3M+

Our global community of 3 million isn’t a plain statistic. It’s a constellation of vibrant, ambitious individuals—people Republic aims to connect, support, and inspire on our collective journey to a more inclusive financial future.

Capital

$2.6B+

With billions deployed across thousands of private companies and assets, Republic strives to create untapped wealth-building opportunities—by connecting world-changing builders to investors all over the globe.

Countries

150+

Global products demand global presence. With a community that spans 150+ countries, Republic’s teams across the US, UK, EU, and Asia power our mission of opening private markets to everyone, everywhere.

*Includes aggregate figures from Republic and Seedrs platform to date, including investment opportunities presented by OpenDeal Portal LLC, OpenDeal Broker LLC, Republic Core LLC, Republic Deal Room Advisor LLC and Fig Publishing, Inc.

The future of finance is not one-size-fits-all.
But it’s definitely digital.

Starting with a strategic investment in a digital asset trading platform, and ending with the launch of our very own digital asset, Republic realized its 2023 resolution: drive the digital transformation of finance across the globe.

Republic Note

View

Portfolio companies:

650+

Price per note

$0.36

In circulation

372M

Market cap

$133M

Max supply

800M

Built on:

Avalanche

Trade on:

INX

Live portfolio assets

765

Accrued Profit pool

$920K+

Press:

From idea to reality—in five years. In 2023, the Republic Note launched, our revenue-sharing digital asset that creates even more access to private markets

Republic Note market data as of December 6, 2023 initial listing. Many of these deals are hosted by Republic Capital, an SEC registered investment adviser. View its full portfolio here.

Republic Wallet

View

To manage and trade digital assets, you need a digital wallet. We introduced our take on the product that’s poised to power the Republic investing experience.

Republic x INX

View

Republic made a strategic investment in a leading digital asset trading platform—fusing innovation with experience to fuel the round-the-clock digital economy.

EU Expansion

View

Now licensed under new EU regulation for equity crowdfunding providers, Republic's EU-based subsidiary Seedrs can support a whole new audience of investors.

About Republic

Republic is melding our global marketplace with institutional services—all powered by homegrown investment infrastructure—to support investors and builders of every size, shape, and stage.

For individuals

Global Marketplace

With a community that spans 150+ countries, Republic’s global marketplace connects ambitious builders and investors from all over.

Global offerings

Trade

Portfoio

Republic Note

Deal Room

Wallet

Learn

For businesses

Digital Merchant Bank

Republic offers a dynamic range of digital services to guide enterprises and institutions through fast-changing financial terrain.

Raise capital

Tokenization

Advisory

Sharedrops

Venture

Broker Dealer

Asset managment

Infrastructure

Learn

We launched
new opportunities

This year was all about the offerings. As a Republic investor in 2023, you could have fought food waste, grown green energy, and supported a ski startup—and barely scratched the surface. Let's look back at a few highlights:

Global offerings

Supersapiens

Master your metabolism
$1.2M from 376 investors

tbh

Let’s spread the good stuff
$591K from 950 investors

Soon

Fully-automated crypto investing
$699K from 434 investors

Nobody Studios

High-velocity venture studio
$771K from 904 investors

Riders Share

Motorcycle marketplace
$770K from 985 investors

Yonder

The epic credit card for adventurers
£13.1M from 636 investors

Grow Labs Organic

We believe in the power of cannabis.
£6M from 2,200 investors

Oddbox

Fight food-waste with Oddbox
£5.6M from 2,600 investors

Green Lithium

UK’s first lithium refinery
£4.4M from 3,360 investors

Wise Alpha

Corporate bond trading platform
£1.6M from 666 investors

We debuted
new categories

It all started with startups. But 2023 proved that community-first capital raising can power a whole new slew of sectors. Here are a few that Republic broke into this year:

We dropped
new knowledge

Being a smart investor means investing in your smarts—which is why thousands of you enjoyed our newest educational series. Remember: share knowledge, not private keys.

WEB3_101

Gain access

Republic's blockchain pros guide you through the new digital frontier—demystifying the complex world of digital assets and decentralized technology.

Community Capital

Listen

Listen to visionary founders, innovative investors, and dedicated community builders, who are shaping the future, one connection at a time.

Unicorn Hunt

Watch

Republic’s virtual series where entrepreneurs pitch their startups to our community of investors. Attendees have the opportunity to ask questions and gain insights.

We activated
new experiences

Network connection unstable? Not at Republic, where we connected an electric network of thousands of people in 2023. From intimate IRL community events to representing Republic on global summit stages—we show up.

Sundance, UT
Crypto Collective, NY
DAM Dinner, NY
DAM Coffee, SF
SXSW, TX
ETH Denver, CO
NFT LA, LA
GDC, SF
Consensus, TX
AVAX, BCN
Cannes Film Festival, FR
Youbi Dapps Panel, NY
ETH CC Investor Dinner, FR Xangle Conf, Seoul
Regulatory Panel, NYC
Korea Blockchain Week, Seoul
HK Investor Dinner, Hong Kong
Token2049, Singapore Xangle Conf, Seoul
Regulatory Panel, NYC
Korea Blockchain Week, Seoul
HK Investor Dinner, Hong Kong
Token2049, Singapore
TIFF, Toronto
Gain Ventures Panel, NYC
Jiritsu Cocktal, NYC
Upside Panel, NYC
Coinfund Happy Hour, NYC
The Tie Happy Hour, NYC
Wallet Launch Cocktail, NYC
FII RWA Panel, Riyadh  WebSummit, Lisbon
Art Basel Miami Beach, Miami
Crypto Mondays (x15), NYC
NEAR BOS Workshops,NYC
NEAR/Pizza DAO Mainnet, NYC
NY Tech Week, NYC

NYC Tech Week

Co-founder of tbh and Stranger Things star, Noah Schnapp, spoke at Republic on the importance of community finance.

Clean Kitchen Club

Republic created a series of EU founder events where likeminded entrepreneurs could meet, eat, and connect.

Avalanche Summit

Alex Ye of Republic’s web3 advisory team describes what it will take to usher in a new era of blockchain economics.

Global Blockchain Congress

Andrew Durgee, President of Republic, visits the UAE to educate on real-world-assets and blockchain infrastructure.

We fueled
new ventures

Reaching exit velocity requires fuel—as true with rockets as with companies. It’s why our venture and accredited-only investment groups fuel high-growth ventures across spacetech, healthtech, AI, entertainment, and beyond.

Venture

These deals are hosted by Republic Capital, an SEC registered investment adviser.

VIEW PORTFOLIO

Firefly Aerospace

Enabling our world to launch, land, and operate in space

K2 Space

Developing large satellites for a post-starship future

Axiom Space

Reimagining how humans live and work in low-Earth orbit

Gunzilla Games

Independent studio in pursuit of deeply engaging next-gen experiences

Antares Industries

Abudant energy, from earth to the asteroid belt

Deal Room offerings

These deals are hosted by Republic Deal Room Advisor LLC.

Edgevana

Node and validator deployment

Nfinite Nanotech

Proprietary, sustainable CPG packaging

HoneHealth

Testosterone replacement therapy

Ezra AI

Early cancer detection

Finn Finance

Financial services for unbanked in SEA

We advised
new clients

Our strategists have spent years designing, engineering, and minting digital assets. In 2023, we built upon this expertise, helping global brands discover how blockchain can apply to more traditional business models.

New partnerships

We lobbied
for new ideas

Born in the wake of the JOBS Act of 2012, Republic has long navigated long-standing regulatory frameworks—and, whenever possible, worked to pull old frameworks into a more modern era to support the builders and investors of today.

WRITTEN STATEMENT OF

ANDREW DURGEE

EXECUTIVE VICE PRESIDENT, OPENDEAL INC. DBA REPUBLIC

BEFORE THE U.S. HOUSE FINANCIAL SERVICES COMMITTEE’S SUBCOMMITTEE ON DIGITAL ASSETS, FINANCIAL TECHNOLOGY, AND INCLUSION AND THE HOUSE AGRICULTURE COMMITTEE’S SUBCOMMITTEE ON COMMODITY MARKETS, DIGITAL ASSETS, AND RURAL DEVELOPMENT

“The Future of Digital Assets: Measuring the Regulatory Gaps in the Digital Asset Market Structure”

Wednesday, May 10, 2023
9:30AM EST

We secured
new networks

In 2023, we established ourselves as a leading blockchain infrastructure provider—securing 20 networks with 100+ validator nodes, and counting. Our distributed computing power strengthens the backbone of the entire web3 ecosystem.

LEARN MORE

Active mainnets