Odaily Planet Daily reports that Republic Digital, a subsidiary of Republic, has announced an investment in Centrifuge, an asset tokenization platform, further strengthening its digital asset and tokenization strategy. Republic is the world's largest online capital formation platform, with over $165 million in assets under management.

Centrifuge specializes in tokenizing financial products and has tokenized over 1,700 assets to date, raising $1.15 billion in funding. Republic did not disclose the investment amount, but said the move reflects its commitment to RWA becoming "the foundation of the next generation financial system." (Crowdfund Insider)