April 5, 2025
INVESTMENT FIRM REPUBLIC TO ACQUIRE CRYPTO TRADER INX DIGITAL FOR UP TO $ 60M thumbnail
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INVESTMENT FIRM REPUBLIC TO ACQUIRE CRYPTO TRADER INX DIGITAL FOR UP TO $ 60M

The Transaction is Expert to Close Within Eight MONTHS, SUBJECT TO CLOSING CONDITIONS”, – WRITE: www.coindesk.com

The Transaction is Expert to Close Within Eight MONTHS, SUBJECT TO CLOSING CONDITIONSUpdated APR 3, 2025, 6:46 pm PUBLISHED APR 3, 2025, 4:41 PM

Investment Company Republic is set to acquire Crypto Trading FIRM INX DIGITAL (INXDF) AT A VALUATION OF UP TO $ 60 MILLION.

Republic Subsidiary Republic Strategic Acquisition Will Acquire All Issued and Outstanding Shares of Inx, Accounting To and Announcement on Thursday.

The transaction is expert to close with eight months, Subject to CLOSING CONDERS.

ALREADY An Existing Shareholder in Inx After Acquiring A 9.5% Stake in 2023, Republic Will Integrate Itline Fully in Inx’s Operations Following Completion of the Transaction.

New York-Based Republic SAID The ACQUISION WILL STRENGTHEN ITS POSION as A BLOCKCHAIN ​​INVESTOR, Creating A Pathway for Trading Tokens and Engaging in Secondary Market assets (rwas).

HAVING OPENED AT $ 0.02, Inxdf’s Shares Spiked to $ 0.16 Following Thursday’s AnnounCement Before Retreating To $ 0.09 in The Following FEW Hours.

Jamie crawleyJamie Has Been Part of Coindesk’s News Team Since February 2021, Focussing on Breaking News, Bitcoin Tech and Protocols and Crypto VC. HE HOLDS BTC, ETH AND DOGE.

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Jamie crawley

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