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Jinse Finance reported that investment platform Republic announced today its plan to tokenize the equity of Animoca Brands, a global leader in the Web3 sector. This initiative will provide global investors with a new way to access Animoca Brands. Reportedly, Animoca Brands holds over 600 leading Web3 investments and leverages tokenization technology and blockchain to offer digital property rights services to consumers. Currently, Animoca Brands' shares are not listed on any public exchange, and the traditional way for investors to acquire equity in the company is mainly through the over-the-counter secondary market. Republic's equity tokenization solution will utilize blockchain technology to create a more efficient and transparent investment method, expanding investor participation channels while complying with regulatory requirements. The tokenized equity will be minted on the Solana blockchain and distributed to the wallets of participating investors. Token trading will be facilitated through Republic's global trading marketplace. More details about the tokenization process will be announced later.

According to Jinse Finance, data from StrategicETHReserve shows that the total amount of ETH currently held by ETH ETFs, DAT companies, DeFi, and other ETH reserve entities has reached 12.11 million ETH, accounting for over 10% of the total ETH supply. Among them, ETH ETFs hold 6.62 million ETH, with a market value of approximately $26.6 billion; DAT companies, DeFi, and other SER entities hold 5.49 million ETH, with a market value of approximately $22.1 billion.