New product, for the first time ever, offers anyone access to similar economic performance as the shareholders of the world’s top private companies, with $50 minimum and no accreditation requirements.
NEW YORK–(BUSINESS WIRE)–Today Republic is introducing Mirror Tokens, a new type of tokens tied to the performance of the world’s most valuable private companies. For the first time, everyone around the world can invest in the outcome of leading privately-held companies like SpaceX, Figma, and Anthropic –– with investments as small as $50 using Apple Pay or stablecoin.
The initial Mirror Token offering is rSpaceX, a token tied to SpaceX’s success, open to all.
Historically, 99% of individuals globally do not meet U.S. accreditation standards and have been barred by strict regulations from investing in the country’s most exciting private companies, like SpaceX. Using its regulatory licenses and harnessing 9 years of experience in fintech innovation, Republic now allows everyone, everywhere* to make an investment in the world’s most exciting private companies.
The tokenized asset mirrors the performance of SpaceX shares in the event of a potential future IPO, acquisition, or other liquidity event. While the token does not grant equity or ownership in SpaceX and is not affiliated with the company**, it provides uniquely similar economic exposure to direct share ownership typically reserved for the world’s largest institutional investors and ultra high net worth individuals and families.
The initial purchase price will be based on publicly-available transaction data, and Republic intends to make the tokens tradable on a regulated secondary market after a lock-up period following Republic’s pending acquisition of INX. The asset will be offered using existing U.S. registration exemptions, with initial purchases capped at $5,000 to maximize the number of purchasers and demonstrate the future of fractionalized, tokenized access to private markets.
The rSpaceX token is just the first in a series of Mirror Tokens for highly valued private companies. Republic plans to host future offerings that include Mirror Tokens for xAI, Ramp, Cursor, Perplexity, and 20 other companies
Through blockchain innovation, Republic is redefining the inefficient and opaque private markets by broadening access to everyday investors around the world and offering 24/7/365 liquidity through regulated secondary trading.
“This is a big step forward on our quest to make the private markets more accessible and liquid — globally,” said Kendrick Nguyen of Republic. “By combining regulation and blockchain innovation, we’re unlocking a future where anyone, anywhere, can invest in the companies shaping our world.”
The rSpaceX token will be minted on the Solana blockchain using a Republic-created security token asset standard. Solana’s high-performance infrastructure is purpose-built for tokenizing real-world assets at scale, making it a natural fit for unlocking access to traditionally illiquid private markets. This offering is a proof-of-concept for Republic’s strategic vision to broaden access to a suite of high-growth private companies in the near future through tokenization.
Interested investors can find more information about Mirror Tokens and the rSpaceX offering at republic.com/mirror.
About Republic
Headquartered in New York City, Republic is a global financial firm operating a full-stack private investment platform for regulated digital assets, covering primary issuance through secondary trading. Republic’s full-stack spans private market investing for both retail and institutional investors, wallet infrastructure, enterprise digital advisory, asset management and more. With a deep track record of legal and technical innovation, Republic is known for opening retail access to new asset classes across venture, film, sports, private equity and now pre-IPO opportunities. Backed by Valor Equity Partners, Galaxy Interactive, HOF Capital, AngelList and other leading institutions, Republic boasts a global portfolio of over 2,000 companies and a community of nearly three million members in over 150 countries. More than $3 billion has been deployed through investment platforms, funds, and firms within the Republic family of companies with operations established in the US, the UK, EU, the UAE and South Korea.
*Investors are subject to applicable regulatory and jurisdictional requirements.
**This prospective offering, security, token, and related aspects are wholly unaffiliated with Space Exploration Technologies Corp. (commonly referred to as SpaceX, the “Reference Company”). The Reference Company has not endorsed, participated, authorized, encouraged, agreed, or in any other way participated in this offering or the rSpaceX Token. Investing is incredibly risky – do so at your own risk. When you purchase a security (and consequently the rSpaceX Token) you are not purchasing an interest in the Reference Company, and the token is not itself a right or entitlement to any share of the Reference Company. Holders of the tokens only have such economic rights as are described in this offering. Holders are contracting only with, and may only seek recourse against, the issuing company – here RepublicX LLC.
This article is intended for informational purposes only and should not be considered investment advice. It does not constitute an offer to sell, or a solicitation of an offer to buy, any security or instrument. The intermediary facilitating the offering will be identified in such offering’s documentation.
The entity sharing the information is RepublicX, LLC, RepublicX cannot give investment advice, analysis or recommendations with respect to any securities, and is not a registered broker-dealer, funding portal or investment adviser. Securities offerings may be facilitated by affiliates within the Republic. Private investments are risky and illiquid, never invest more than you can afford to lose, carefully seek the advice of professionals to understand the risks associated. Not FDIC or SIPC insured.
“INX” refers to The INX Digital Company, Inc., a holding company incorporated in Canada, and its affiliates. INX Limited, a Gibraltar incorporated company, offers technology and services to all its affiliated companies. Cryptocurrencies and related services are offered by INX Digital, Inc., a Delaware corporation headquartered in Gaithersburg, MD and registered with the Financial Crimes Enforcement Network and certain states as a money transmitter (NMLS 2094630). Security tokens and related services are offered by INX Securities, LLC, a broker-dealer/ATS registered with the SEC and member of FINRA/SIPC. Securities transactions, products, and services are offered by INX Securities, LLC, member FINRA and SIPC. For information relating to INX Securities, LLC, please visit INX.CO
The investment product “Mirror Tokens” is deemed a security under United States securities laws which imposes complex parameters and restrictions on the offering, sale, and resale of securities to US persons—particularly non-accredited investors. There will be limits on the number of securities a non-accredited US person may purchase, if any, and there will be restrictions on the resale or listing of the securities, if any, in the US and other jurisdictions. In other countries, laws and regulations governing the initial offering of tokens, securities or otherwise, and their subsequent listing and trading remain uncertain and may shift frequently. Private securities are highly risky and speculative. Never invest more than you can afford to lose. At least some of the terms of this offering are novel and, as such, because of the newness there may possibly be additional risks and uncertainties. Consult with your trusted advisors and conduct your own diligence before investing.
This investment involves securities that reference a private company that may, at some point in the future, pursue an initial public offering (IPO). There is no guarantee that the company will ever conduct an IPO. The company has not filed, announced, or committed to an IPO, and no IPO has been scheduled. Liquidity is not guaranteed; you may not be able to sell your investment for an extended period, if at all. The securities being offered are private, illiquid, and restricted, and are not listed on any public exchange. Any representations or implications of future value, returns, or liquidity related to a potential IPO are speculative and should not be relied upon as a basis for investment.
This is being made available under rule 206 of Regulation CF: (1) A “reservation” involves no obligation or commitment of any kind; (2) No money or other consideration, is being solicited and if sent will not be accepted; (3) No investment commitments can be accepted and no funds can be received unless the issuer files a Form C with the SEC and starts accepting investments.
Contacts
Media:
Jasmyn Pizzimbono
PR Strategy Manager
Republic
jasmyn@republic.com
