Republic Europe, part of the broader Republic private markets ecosystem, has published an “Investors Playbook” stating that it is entering 2026 from a position of strength as private markets evolve. James Newman, Republic Europe CEO, says their strategy remains clear as they seek to deliver sustainable value to their investors, issuers, and other partners.
Newman shares that Republic is shifting from “innovation to scale” as a private securities marketplace.
Republic revealed some high-level numbers for 2025 pertaining to the platform’s operations, including:
- £209 million in capital committed to investments
- A securities campaign success rate of 84%
- Average investment committed per offering of £2.2 million
- Secondary trading volume on the platform during 2025 was £6.6 million
Republic Europe did not share revenue generated and any net earnings or losses.
The company said that its rSPAX or SpaceX investment offering, which was recently completed, foreshadows an area of focus that can provide investors with exposure to promising private firms. As SpaceX is working towards an initial public offering (IPO) this year, rSPAX creates an opportunity for smaller investors to benefit from any gain that may or may not take place after the public offering.
Investment platform Kraken is next in the queue for the tokenized access to participate in the company’s growth.
Other notes of interest:
Most investors are interested in Venture stage opportunities, with Seed Stage following. This means investors lean toward more established firms than riskier startups.
Investors also choose Republic Europe because of the quality of deals and the ability to invest smaller amounts, among other characteristics.
Investors care most about a path to profitability, the team, traction, addressable market, and valuation. The platform says investors are becoming more sophisticated in their choices.
Artificial Intelligence is now the top area of interest as the sector experiences rapid growth.
Regarding secondary markets, providing a liquidity path prior to an M&A/Acquisition or IPO, Republic Europe has this to say:
There is now a growing trend for companies to stay private for longer. In jurisdictions like the US, there has been an influx of capital into private companies, providing them with an incentive to stay private for longer. The UK IPO market has also been challenging, deal volume is at a 30 year all time low, with this year only 3 listings on LSE and 7 on AIM. The focus is on private markets, but to date, there is very little liquidity available. Republic Europe’s mission to innovate the private investment space applies here as well. We offer various liquidity solutions for investors.
Republic Europe reports that more than 20,000 investors have traded shares in over 1,000 companies, providing opportunities for investors in more than 85% of their funded firms.
Group co-CEO Kendrick Nguyen says he sees three themes shaping the coming year.
- The IPO window is opening; capital will continue to support local champions, with Europe and the UK well-positioned; and tokenization is moving from buzzword to reality, with tokenized assets expected to top $16 trillion by 2030.
“The winners will be the platforms that pair credible compliance rails with products people actually want to hold and can actually understand,” says Nguyen.
Republic Europe reportedly lost around £10.64 million for the fiscal year 2023. If it were profitable, it would probably be more forthcoming, but like most early-stage firms, it continues to invest in growth, and as the largest online capital formation entrant, it is better positioned to become profitable than many of its peers.
