Powered by Coinbase and Other Leading Investors, Portal Shares Republic Stock Offering On The Agenda
Author:- – Republic, a multi-asset investing platform that enables anybody to invest in verified, private companies, is thrilled to announce its Reg D stock offering on behalf of Portal, a cross-chain Layer-2 DEX network built on Bitcoin. On July 18, the public auction officially started.
The site enhances Bitcoin’s capacity to build a more reliable self-sovereign finance infrastructure. The development team genuinely thinks that the project is made up of its participants, and they want to make sure that everyone who helps create a truly decentralized financial network, including partners, users, and Republic investors—enjoys the company’s expansion as much as the founders. It broadens the accessibility of its operations (and earnings) to more people by making the ownership of the Portal public.
Only 3% of platform fund-raising attempts are approved, according to Republic, which claims that its approval procedure is quite stringent. The ambitious project that develops DeFi on top of the Bitcoin blockchain will now be accessible to the general public thanks to the stock offering.
In preparation for the test net launch in the upcoming weeks, Portal is providing Reg D stock via the Republic platform. On top of the Bitcoin network, it creates a fully functional DeFi ecosystem that is censorship-proof.
- – Although Bitcoin is frequently thought of as a form of virtual money, Portal uses the Bitcoin network as a foundation for constructing multiple layers of censorship-resistant financial apps. Every geopolitical development over the past year has emphasized the necessity of a global financial system that is censorship-resistant.
- – True decentralization is provided via the peer-to-peer atomic swaps that fuel the Portal, which let users exchange their native Tier-1 assets across several blockchains without delays, blocked funds, or exploits.
- – In addition to extending Bitcoin’s cross-chain capability, Portal’s Layer 2 and Layer 3 technology makes it easier to execute censorship-resistant communications, media, and cross-chain swaps on top of the Bitcoin blockchain with just one click. Without monitoring or control from outside parties, it enables peer-to-peer, private, off-chain execution of “smart contracts” for asset issuance, swaps, staking transactions, liquidity, derivatives, and more.
Participation Information
The sale will be open to investors from all over the world, including residents and citizens of the United States. They will have the choice of paying using fiat currency or BTC, USDT, USDC, or ETH.
Only about 1,900 people are allowed to invest. The Reg D offering is anticipated to sell out extremely rapidly by the portal.
What is the Portal?
On Bitcoin, the portal is Defi created. Using the first genuine cross-chain DEX and zero-knowledge swaps makes trading virtually impossible. eliminates the necessity for risk staking with middlemen or the minting of rolled coins (such as wBTC and wETH). With the help of the portal, DeFi can now be offered by anyone, keeping anonymity in public, open markets with a security system as strong as Bitcoin mining.
With the use of Layer 2 and Layer 3 technologies from Portal, censorship-resistant media, cross-chain exchanges, and communications can all be created in Bitcoin.