Republic Raises $150M in Series B Funding Round

Republic, a NYC-based investment firm, raised $150m in Series B funding.

The round was led by Valor Equity Partners with participation from Galaxy Interactive, Motley Fool Ventures, HOF Capital, Tribe Capital, CoinFund, Pillar VC, Brevan Howard, Atreides and executives at GoldenTree Asset Management. As part of Valor’s investment, Vivek Pattipati will join Republic’s board of directors. 

The company intends to use the funds to expand geographically and develop new investment products. 

Led by CEO Kendrick Nguyen, Republic is a family of companies, including a multi-asset retail investment platform, a private capital division with almost $1 billion in assets under management, and a blockchain consultancy arm, that provides technical, financing, distribution, and tokenization services. The company currently has two affiliated closed-end investment funds deploying capital into startups and crypto projects, along with a digital investment arm operating as Republic Realm that focuses exclusively on metaverses and NFTs.