Republic Technologies Raises $100 Million to Expand Validator-Backed Ethereum Treasury

Republic Technologies Inc. has arranged a $100 million secured convertible note facility with a leading institutional investor to strengthen its Ethereum operations and increase its ETH reserves. The financing carries 0% interest and opens with a $10 million tranche. In a statement shared with Cryptonews. com, the company said over 90% of the proceeds will be used […] source: https://cryptonews.com/news/republic-technologies-raises-100-million-to-expand-validator-backed-ethereum-treasury/