Republic Technologies Secures $3M in Private Placement to Bolster Ethereum Investments

Private Funding Boosts Ethereum Strategy

Republic Technologies, a Canadian-listed firm, has successfully raised $3 million through a private placement to strengthen its Ethereum investment initiatives.

Expanding Digital Asset Portfolio

The company previously disclosed holding approximately 1,570.6 ETH at an average acquisition price of $2,700 per ETH. With recent market improvements, the current portfolio value has risen to around $3.2 million.

• Funding Amount: $3 million
• Warrants Issued: 14,087,000
• Price per Warrant: $0.21

This private financing highlights investor confidence in Republic’s blockchain-focused strategy and provides strong support for its future growth.