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Republic Acquires Crypto Trading Firm INX Digital for $55M

The existing INX shareholder has agreed to buy all outstanding shares in a deal that could swell to $60 million.
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Apr 3, 20251 min read

Republic has announced its acquisition of INX Digital for $55M, aligning blockchain tech and traditional finance under one umbrella.

What’s the Scoop?

  • Acquisition Terms: Republic will acquire all of INX’s outstanding shares for a deal valued at up to $60 million, with $54.8 million as the initial valuation.
  • Strategic Integration: INX’s trading platform for cryptocurrencies and tokenized securities will be merged into Republic’s operations, expanding its blockchain investment services.
  • Market Reaction: INXDF shares skyrocketed 180% following the announcement, reflecting investor interest in the acquisition.

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