KEY TAKEAWAYS - Investment platform Republic said Wednesday that it is planning to use blockchain technology to sell investors exposure to hot unlisted startups, starting with Elon Musk’s rocket company SpaceX. - Traders can invest as little as $50 using Apple Pay or stablecoin to buy digital “mirror tokens." - The SpaceX mirror token, called rSpaceX, will be the first to be sold, with initial purchases capped at $5,000.

Andrew Durgee, Republic co-CEO, joins 'Squawk Box' to discuss the launch of a SpaceX token, which mirrors the performance of private shares of the company, tokenization of private companies, regulating stock tokens, risks of tokenized trading, and more.

CfPA Responds to SEC Commissioner Peirce: Paving a Regulatory Path for Tokenized Securities. In a significant contribution to the evolving conversation around crypto asset regulation, the Crowdfunding Professional Association (CfPA) has submitted a detailed response to SEC Commissioner Hester Peirce’s February 2025 statement, “There Must Be Some Way Out of Here.”

Specifically, the bill raises the financial statement review threshold from $100,000 to $250,000 and gives the Securities and Exchange Commission the option to raise that figure to $400,000 when recommended by the Offices of the Investor Advocate and Small Business Capital Formation Advocate.

A Washington DC Based group says their proposed legislation for the Big Beautiful Bill would bring lots of money to small businesses in South Dakota.

Calls Out Congressional Neglect of Main Street, Urges Senate to Amend Bill to Include the TRUMP Jobs Act

The Coalition for Crowdfunding American Jobs and Prosperity (CCAJP) has issued a statement slamming the “Big Beautiful Bill,” the tax and budget legislation that was recently approved by the House of Representatives.

Join Jenny Kassan, a leading voice in investment crowdfunding, for a vital discussion on the future of regulated crowdfunding portals in light of new and evolving federal securities policies.

The SEC presents an analysis of the data on the offering activity in the Title III securities-based crowdfunding market based on the data in SEC filings between May 16, 2016 (effective date of Regulation Crowdfunding) and December 31, 2024.