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Republic Technologies (CSE: DOCT) (FSE: 7FM0) (WKN: A41AYF) (“Republic”), a publicly traded Ethereum infrastructure company, has announced a US$100 million secured convertible note facility with a leading institutional investor to expand its Ethereum infrastructure and ETH treasury. The financing carries 0% interest and features an initial US$10 million tranche.

Under the terms of the facility, over 90% of proceeds will be allocated to acquiring ETH to support Republic’s expanding validator infrastructure and attestation operations.

Republic has secured some of the best terms in the market for financing of its size. The facility carries 0% interest and has no mark-to-market requirements on collateral, meaning Republic can never face margin calls or default events. T

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