US EditionCoinStats - Republic Launches SpaceX-Bound Tokens on...
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The Republic investment platform plans to use blockchain technology to provide investors with the opportunity to invest in SpaceX and other private companies. The company has launched rSpaceX, a Solana-based token pegged to the performance of SpaceX stocks owned by Elon Musk. This could have significant implications for the prices of DOGE and SOL tokens. Republic's latest token launch is linked to Elon Musk, a fan of Dogecoin and the Solana bloc…
Summary: Republic launches rSpaceX tokens allowing individuals to invest in SpaceX from $50, democratizing access to a valued company $350 billion Specific legal structure: Tokens are debt recognitions issued through the JOBS Act, without voting rights or direct shares in SpaceX No official agreement of the companies concerned, Republic bypassing this constraint by issuing a debt on RepublicX rather than on SpaceX directly Expansion programmed t…
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