Republic partners with Mawari for first legally compliant U.S. node sale
Republic, a private investing platform for alternative assets, has partnered with Mawari, an Extended Reality (XR) and DePIN project, to launch the first node license sale for U.S. participants via Reg D, as per information shared with Finbold on July 22. The launch operates through Republic’s managed infrastructure platform Republic Runtime, and marks the first node sale on Republic Launchpad through OpenDeal Broker LLC. Mawari operates an Immersive Compute Network that delivers high-quality, real-time 3D content through community-operated machines. The company’s patented 3D streaming engine reduces data usage by up to 80% for complex 3D content delivery. The company has deployed technology for T-Mobile, Netflix, BMW, and KDDI, and has partnerships with Qualcomm and Niantic. Mawari has raised over $17 million from Web2 and Web3 investors, including Samsung Next. First node license sale for U.S. investors “Republic Launchpad has es...