Key Takeaways:
- Republic will acquire all outstanding shares of INX Digital in a deal worth up to $60 million.
- The acquisition strengthens Republic’s position in blockchain and tokenized asset markets.
- INXDF shares spiked 700% following the announcement before settling.
Republic, a New York-based investment firm, is set to fully acquire crypto trading platform INX Digital in a deal valued at up to $60 million.
The acquisition will be executed through Republic’s subsidiary, Republic Strategic Acquisition, and includes the purchase of all issued and outstanding shares of INX.
@INX_Group has entered into a definitive agreement to be acquired by @joinrepublic. A significant step forward in our ongoing mission to build a fully regulated, tokenized financial ecosystem.
— INX (@INX_Group) April 3, 2025
Together, INX and Republic are creating a one-stop platform where investors retail and… pic.twitter.com/wFUpQB08oc
Republic, which already owns a 9.5% stake in INX (acquired in 2023), plans to finalize the transaction within eight months, pending standard closing conditions.
This move marks a significant step in Republic’s expansion into the digital asset and blockchain investment space.
The Security Republic: INX Joins Forces with Republic
— SD (@sdatika1) April 3, 2025
Today marks a major milestone in our mission to reshape the digital assets landscape — INX is proud to officially announce its acquisition by Republic in a $60 million deal.
This merger represents far more than just numbers.…
By integrating INX’s operations, Republic aims to strengthen its position in the crypto sector and capitalize on growing opportunities in token trading and secondary markets.
These markets include both cryptocurrencies and tokenized real-world assets.
Following the announcement, INXDF shares saw a dramatic price spike from $0.02 to $0.16 before stabilizing at $0.09, reflecting strong investor interest.
The deal underscores Republic’s confidence in the future of digital assets and its strategy to become a major player in the evolving blockchain financial ecosystem.
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