Kingscrowd Podcast

Tokens, Reg A, and the Retail On-Ramp (ICW25 Preview)

Episode Notes

Save your spot for ICW25 (free): kingscrowd.com/icw25

This week, Brian Belley and Scott Kitun go rapid-fire on the biggest shifts bringing private markets to retail — and preview investment crowdfunding week (ICW25), a four-day virtual event from Kingscrowd (Sept 29–Oct 2).

In this episode:

Republic’s SpaceX “Mirror” token (506(c), accredited only) and the broader tokenization push

Nasdaq’s filing to enable tokenized securities trading

Why rails are ready — but real trading/liquidity is the next milestone

iCapital, secondaries, and semi-liquid funds as retail on-ramps

Private markets’ growing slice of US equities — and why that matters to everyday portfolios

ICW25 session preview with Mark Elenowitz (Digital Offering): from Reg A “Semi-IPO” to IPO

Newsmax as a case study, and why allocations are being re-thought for retail

Robinhood’s roadmap toward private access & the “everything app” moment

2:10 – tokenized SpaceX “mirror” token launch

2:55 – nasdaq + tokenized securities

3:35 – what still needs to happen (real trading/liquidity)

4:45 – why republic’s approach may work

5:50 – iCapital, secondaries, and retail on-ramps

7:53 – private markets’ growing share of US equities

9:08 – funds will be online too (not just single deals)

10:45 – ICW25: Mark alenowitz (digital offering) preview

11:40 – Newsmax, “semi-IPO” vs “mini-IPO”

14:18 – clip: democratized allocations & brand awareness via Reg A

16:57 – where it’s all heading (semi-public, tokenized)

17:55 – robinhood, managed access, and predictive markets

18:27 – event details & wrap