Republic has announced that it is now a validator on Injective, a “fast, interoperable” layer-one blockchain, seeking to advance the convergence of traditional finance (TradFi) and decentralized finance (DeFi).
As explained in a blog post, Injective is a Layer 1 that’s “purpose-built for finance.”
The protocol delivers sub-second transaction finality, has processed “1B+ on-chain transactions, and keeps average transaction fees under $0.01.”
This speed and cost-efficiency is essential for scaling real-world use cases, from “tokenized stocks to institutional-grade DeFi vaults.”
By launching a validator node on Injective, they’re not only contributing to the network’s security and scalability but also joining “a roster of other validators, including Google Cloud, Deutsche Telekom, and Galaxy Digital.”
This collaboration underscores the confidence “that institutional players like them have in Injective’s potential to reshape the financial landscape.”
Their collaboration goes beyond validation. Injective’s innovative approach to tokenization—seen in offerings “like the BlackRock BUIDL Fund Index1, Tokenized AI Stock Index and TradFi Stock Index—resonates with our own efforts.”
Having deployed over 50 tokenized assets, they see immense “potential to collaborate on expanding real-world asset (RWA) tokenization.”
Together, they aim to bring institutional and retail users “on-chain with groundbreaking financial products.”
As a validator, they’re bringing their “experience in institutional-grade staking infrastructure to the table.”
With over 100 validator nodes operational “across 35+ networks, we’re well-equipped to enhance Injective’s performance and reliability.”
This collaboration enhances their Web3 infrastructure involvement while contributing to the “growth of Injective’s finance-centric blockchain ecosystem.”
Kendrick Nguyen, Co-Founder and Co-CEO of Republic, said:
“Launching a validator to secure the Injective network is an exciting first step in establishing a deeper suite of integrations across Injective’s ecosystem. From RWAs to innovative DeFi products, we are excited to expand our Web3 footprint on Injective by bringing a new legion of institutional and retail users on-chain.”
By operating a validation service on Injective, Republic enhances network scalability and paves the way for “institutional adoption through Injective’s tokenization infrastructure.”
Injective’s commitment to bridging traditional finance and DeFi aligns naturally with Republic’s “track record— $2B+ in adjusted TVL and 99.9% uptime.”
As institutional interest in blockchain accelerates, their role “as a validator on Injective places them at the edge of this evolution, strengthening the network’s appeal to developers and institutional users.”
Eric Chen, Co-Founder and CEO at Injective Labs, shared:
“Having Republic onboard as a validator is yet another sign of confidence from a major institutional player in the Injective ecosystem. We’re looking forward to collaborating with the Republic team to expand our shared tokenization efforts.”
They’re also eager to share further integrations with Injective, from “co-developing tokenized assets to amplifying institutional engagement in DeFi.”
By combining their expertise in private investments and tokenization with Injective’s “scalable” blockchain, they’re paving the way “for a more decentralized and efficient financial future.”
As noted in the update, Injective is a “fast interoperable layer one blockchain optimized for building the premier Web3 finance applications.”
Injective provides developers with plug-and-play modules for creating unmatched dApps.
INJ is the native asset that powers Injective and its ecosystem.
Injective is incubated by Binance and is backed by “investors such as Jump Crypto, Pantera and Mark Cuban.”
As mentioned in the announcement, Republic is a financial technology firm specializing in “private market investment services.”
Republic operates a marketplace platform for “community financing, accredited investment opportunities, full-service tokenization, institutional-grade staking infrastructure, digital asset management, blockchain advisory, and private investment advisory services.”
Republic has facilitated over “$2.6 billion in investments, supported over 2,500 ventures, with a community of over 3 million users across 150 countries.”
Republic is backed by various investment firms and financial institutions and has co-invested with different entities focused on venture and private equity.
Founded in 2016, Republic is headquartered in New York City with offices worldwide.