The investment platform Republic plans to tokenize stocks of companies like SpaceX

ChainCatcher news, according to The Washington Post, the investment platform Republic announced that it will launch a blockchain-based digital token this week, allowing ordinary investors to indirectly invest in SpaceX, a company owned by Elon Musk.

These tokens will reflect the performance of SpaceX's private shares, providing ordinary investors with the opportunity to access popular startups. Republic plans to expand this tokenization model to other well-known private companies such as OpenAI and Anthropic in the future.

It is reported that SpaceX is expected to generate nearly $16 billion in revenue by 2025, as the company continues to advance its Mars missions and other space projects.