mETH is allegedly the first liquid staking token to be held on the balance sheet of a publicly listed company like Republic Technologies.
Mantle announced a strategic partnership with Republic Technologies, the Ethereum treasury of publicly listed Canadian company Beyond Medical Technologies Inc, marking a major milestone in institutional cryptocurrency adoption.
Republic Technologies plans to delegate a significant portion of its ETH holdings to Mantle’s mETH Protocol, and will hold mETH as a yield-bearing, liquid staking token on its balance sheet.
By accumulating ETH as a core balance sheet asset, Republic Technologies aims to advance the growth of its underlying healthcare technology businesses while offering institutional-grade exposure to digital assets for all shareholders. This strategy attracts growing interest from traditional markets and accelerates institutional participation in the emerging technology sector.
Daniel Liu, CEO of Republic Technologies, said: “More than 50 established incumbents—including BlackRock, Franklin Templeton, PayPal, and Visa—have already built services on Ethereum. Wall Street has made its decision. Our role now is to extend the benefits of this macro tailwind to a broader base of institutional and retail participants worldwide.”
In March 2025, Republic Technologies entered into a licensing agreement and launched its medical attestation platform, leveraging Ethereum-based distributed systems to power healthcare data integrity and regulatory compliance. The Ethereum treasury was established to support and scale this vision, marking a first-of-its-kind integration.
“Republic Technologies’ participation highlights mETH Protocol’s ability to support institutional strategies built natively on Ethereum,” said Jonathan Low, Growth Lead at mETH Protocol. “As demand accelerates for ETH-native yield and utility, we remain focused on building resilient infrastructure that long-term allocators can trust.”
The partnership precedes mETH’s inclusion in MI4, a tokenised, yield-focused index fund developed in collaboration with Securitize. Mantle is also preparing to extend mETH’s utility across traditional finance through Mantle Bank, an initiative that will integrate mETH into fiat rails, credit products, and conventional payment systems.
Stay updated on the crypto space by following our socials
