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Here's your TNB Tech Minute for Wednesday, June 25th.

I'm Victoria Craig for the Wall Street Journal.

Elon Musk's rocket and satellite company SpaceX today launched its Falcon 9 rocket on a mission

to the International Space Station. On board were four astronauts, including the first Indian

astronaut, to travel the cosmos in 41 years. The crew will research microgravity and commercial activities for two weeks before they return to Earth.

Meanwhile, SpaceX is a private company, meaning it doesn't have any shares you can buy.

But the journal exclusively reports investment platform Republic, says starting this week,

it'll sell digital tokens that mirror the performance of private SpaceX

shares. But there are questions around the trend by crypto exchange and brokerages to reinvent

securities using blockchain technology. People who buy these tokens won't have access to the

company's financials and won't have actual stakes. Lawyers question whether companies like

SpaceX will fight it and whether regulators will scrutinize it. And finally, legislation called the

Genius Act is poised to mainstream stable coins and it sparked a frenzy of interest from those

previously skeptical of cryptocurrencies like major retailers, including Walmart and Amazon. But the legislation

has a tough message for the biggest player in the stable coin game, Tether, shape up or get

kicked out of the U.S. market. The Genius Act, which passed the Senate last week, aims to bring

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