Republic, a leading private securities marketplace, has received a strategic investment from Hamilton Lane (Nasdaq:HLNE) in a move described as a “major step toward expanding retail access to private markets.”
The details of the investment were not immediately available.
Hamilton Lane is a current partner with Republic and a prominent participant in private markets with assets under supervision of around $1 trillion. Hamilton Lane and Republic first partnered to expand retail access to Hamilton Lane’s Private Infrastructure Fund (HLPIF).
Hamilton Lane is an early adopter of digital assets and a supporter of broader market access to private securities. The company’s market cap is around $5.6 billion.
Kendrick Nguyen, co-CEO of Republic, said the two firms together are setting a new standard for how retail investors participate in the private securities marketplace.
“At Republic, our mission has always been to unlock private markets for everyone,” said Nguyen.
Hamilton Lane co-CEO Juan Delgado said that Republic has built a platform that aligns with their approach to innovation.
Hamilton Lane’s investment is expected to support Republic’s efforts in leveraging tokenization and on-chain infrastructure to further expand and modernize access.
The Republic began as a funding portal for early-stage firms. Over time, Republic has expanded its operations to include both primary and secondary offerings, tokenization, and more. The platform serves both Accredited and non-Accredited Investors and is well-positioned for the transition to digital securities and retail access for private markets. Republic is one of the largest online capital formation platforms in the world.