Republic has launched its first Mirror Token — rSpaceX — giving retail investors across the globe access to the financial upside of private giants like SpaceX, starting at just $50.
In a move set to reshape private market investing, Republic has unveiled Mirror Tokens, a new class of digital assets designed to mirror the economic performance of the world’s top private companies. The debut token, rSpaceX, offers exposure to SpaceX’s valuation growth — without requiring accreditation or large capital.
For the first time, non-accredited investors worldwide can participate in the potential upside of iconic private companies such as SpaceX, Figma, and Anthropic. Built on Solana’s blockchain, rSpaceX does not confer ownership or equity in SpaceX but reflects the company’s financial trajectory, particularly in events like IPOs or acquisitions.
Historically, U.S. regulations have excluded over 99% of individuals from investing in high-growth private companies. Republic aims to change that by leveraging nearly a decade of fintech experience and its regulatory framework to offer broader access.
The tokens are priced using publicly available transaction data, and Republic plans to enable secondary trading post-lockup via a regulated exchange, pending its acquisition of INX. Purchases are initially capped at $5,000 to allow for wider participation and test the scalability of tokenized access.
“This is a major milestone in making private markets more accessible and liquid globally,” said Kendrick Nguyen, Founder of Republic. “By merging compliance and blockchain, we’re enabling anyone to invest in tomorrow’s game-changers.”
Republic’s Mirror Token roadmap includes future offerings tied to other high-profile companies such as xAI, Ramp, Perplexity, Cursor, and more — signaling a broader mission to democratize access to private equity through tokenization.
Want to stay ahead of the curve in personal finance? Dive into more expert-driven insights at Finance Tech News.
News Source: Businesswire.com
