On Tuesday, the Injective team announced via X that Republic Crypto, the company facilitating $3 billion in funding for private co's, has launched an official validator on Injective.
Republic is an investment platform offering private investment, tokenization initiatives, and global infrastructure. By becoming a validator, Republic is bolstering the Injective ecosystem across a diverse set of verticals. Republic has deployed its validator node on Injective, ensuring greater security and scalability. Republic joins the ranks of prominent companies and institutions that have recently joined Injective as validators, including Google Cloud, Deutsche Telekom, and Galaxy Digital.
Injective is an open, interoperable, layer-one blockchain for building powerful DeFi applications. Injective uniquely provides plug-and-play financial infrastructure primitives, such as a high-performance on-chain decentralized exchange infrastructure, decentralized bridges, oracles, and a composable smart contract layer with CosmWasm. INJ is trading at $7.06, down 4% in the last 24 hours.