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Investment firm Republic will acquire crypto trading platform operator INX Digital at a valuation of up to $60 million "

Internet reports that investment firm Republic will acquire crypto trading platform operator INX Digital (INXDF) at a valuation of up to US$60 million. Republic Strategic Acquisition, a Republic subsidiary, will acquire all issued shares of INX. The transaction is expected to complete within eight months, depending on closing conditions. Republic is already an existing shareholder of INX and acquired a 9.5% stake in INX in 2023. After the transaction is completed, Republic will be fully integrated into INX's operations.

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