Investment platform Republic announced plans to utilize blockchain technology to offer investors access to promising unlisted startups, beginning with Elon Musk's SpaceX. Investors can start with as little as $50 through Apple Pay or stablecoin to purchase digital "mirror tokens" that reflect the startup's performance in case of a future IPO, acquisition, or other liquidity events. The first token, named rSpaceX, will be available for purchase, with a limit of $5,000 on initial investments. Republic also intends to introduce tokens for other startups, including software company Figma and AI firm Anthropic. CEO Kendrick Nguyen emphasized that this initiative is a significant advancement in making private markets more accessible and liquid on a global scale. However, buyers of these tokens will not hold actual ownership stakes in the companies, and it remains uncertain if these digital assets will encounter regulatory challenges. Republic, SpaceX, Anthropic, and Figma have not yet commented on this development. Read more AI-generated news on: https://app.chaingpt.org/news