Republic, a top crowdfunding platform serving the full stack of securities exemptions, has announced that it has joined the Tokenized Asset Coalition (TAC).
Securitize, another platform that provides online capital formation as well as other digital services, has also joined TAC.
TAC, which was revealed in September 2023, aims to “champion the adoption of public blockchains, asset tokenization, and institutional DeFi to dramatically alter the way capital is formed, invested and managed on-chain, paving the way for a more open, fair and transparent system for investors.”
Tokenization can refer to digital securities as well as other digital assets that can benefit from blockchain technology.
Initially, TAC members included seven founding members: Aave Companies, Centrifuge, Circle, Coinbase, Base, Credix, Goldfinch, and RWA.xyz.
Republic said that it was one of the new members (17 in total), but applicants numbered 300.
Republic said they are aligning themselves with a “shared vision” for a “more democratized financial system.”
Republic highlighted its own digital asset initiatives, including Republic Note.
TAC is still accepting applications for membership.
Beyond Republic, the other new members include:
Ava Labs, Backed, Chainlink Labs, Fireblocks, Keyrock, Maple, Obligate, Ondo, ParaFi, Polygon Labs, Provenance Blockchain, Securitize, Solana Foundation, and Steakhouse Financial.