Republic Launches Private Company Equity On-Chain Tokens, First Product to Become rSpaceX

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On June 25, according to official news, Republic announced the launch of Mirror Tokens, a new type of token linked to the performance of the world's most valuable private companies. The first product is rSpaceX, a token based on the Solana blockchain that reflects the market capitalization performance of SpaceX (with a market value of $350 billion).

Republic stated that with this feature, investors worldwide can invest in leading private companies such as SpaceX, Figma, and Anthropic using Apple Pay or stablecoins, with a minimum investment of $50.

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