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Republic launches on-chain Token for private company stocks, with the first product being rSpaceX.
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 capitalization of $350 billion). Republic stated that with this feature, investors from around the world can invest in leading private companies' stocks like SpaceX, Figma, and Anthropic using Apple Pay or stablecoin, with a minimum investment of $50.