The Republic Investment Company should allow retail investors to acquire one of the most coveted tech, Elon Musk, SpaceX of Elon Musk.
From this week, the platform plans to sell RSPACEX tokens based on the blockchain, the value of which is defined to follow the value of the private spacex, reports the WSJ.
Each RSPACEX token is an order ticket issued as part of the crowdfunding of the regulations, a provision of the 2012 law for jobs which allows sales of small securities values to retail buyers.
The holders of the RSPACEX token will not be shareholders of the company, which was estimated at $ 350 billion in December of last year, but would participate in the action of equity prices.
Republic is known to offer retail investors access to investments, otherwise prohibited. His future tokens launches could include tickets on Openai and Anthropic actions, according to the WSJ report.
The authorization of SpaceX or other companies is not necessary because the tokens represent the titles sold by Republic himself, said the CEO of Republic, Kendrick Nguyen.
Investors will be able to exchange the tokens on INX, a republic of exchange is acquiring. However, there is a one -year detention period.
Other projects in the cryptography sector also seek to offer retail investors access to investments previously reserved for individuals. Paimon Finance, BNB Smart Chain Finance, launched this week SPCX, a token that says it offers an exhibition to SpaceX actions.
