Republic Technologies Closes US$100 Million at 0% Interest to Buy ETH

Latest News and Updates on blockchain industry by AlexaBlockchain (“Alexa Blockchain”).

Republic Technologies (CSE: DOCT) (FSE: 7FM0) (WKN: A41AYF) (“Republic”), a publicly traded Ethereum infrastructure company, has closed a US$100 million secured convertible note facility with a leading institutional investor to expand its Ethereum infrastructure and ETH treasury.  The zero-coupon facility has no mark-to-market requirements on collateral. Under the terms of the facility, over 90% of proceeds will be allocated to acquiring […]

The post Republic Technologies Closes US$100 Million at 0% Interest to Buy ETH appeared first on AlexaBlockchain.

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