Hassan Maishera
On Tuesday, the Sui team announced via X that Sui Launchpad by Republic is coming soon. This new platform will offer a way to support innovative projects through compliant onchain fundraising.
Republic's Sui LaunchPad lets companies, including its first client, easily create utility tokens. Republic will be joined in this effort by DeLorean Labs, the Web3 arm of DeLorean Motor Company, which will become the first to use this offering as the initial token issuer on Sui LaunchPad.
The Republic Launchpad is a global investment platform enabling companies to market innovative utility tokens while ensuring compliance for Web3 communities across retail, accredited, and institutional investors.
Sui will be the first non-Ethereum chain the Republic Wallet integrates with its Launchpad product. Sui LaunchPad will facilitate token sales, investor access, and token distribution through an integrated ecosystem combining regulatory compliance and investor tools.
Sui is a Layer 1 blockchain designed to provide top-notch developer and user experiences backed by robust technological foundations. SUI is up 15% in the last 24 hours, trading at $3.7957 per coin.
