

the republic commons | First MSTR for Ethereum
As a publicly traded company, we’re building a “MicroStrategy for Ethereum.” We previously closed a bridge financing and launched our $35 million convertible-note and equity round. Our stock currently trades at a 11× NAV multiple on purely organic growth.
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About
Republic Technologies (the “Company”) is a publicly traded company pioneering an Ethereum-backed corporate treasury strategy. Unlike Bitcoin-focused approaches employed by MicroStrategy and Metaplanet, the Company leverages Ethereum’s role as the first and most widely adopted infrastructure layer of digital finance.
The Company strategically accumulates Ethereum (“ETH”) and provides institutional-grade exposure via equity and debt products. This strategy unlocks sidelined capital in traditional markets and supports broader institutional adoption of digital assets.
The leadership team brings decades of combined experience in corporate finance and digital assets from firms including Apollo Global Management, Goldman Sachs, BlackRock, and Canaccord Genuity. Since its Q1 2025 acquisition, the team has successfully transitioned the Company into a fully compliant, Ethereum-focused public entity poised for sustained, long-term growth.
Website: https://republictech.io/
X: https://x.com/republictech_io
Thesis: https://republictech.substack.com/p/ethereum-as-digital-fuel