Investment Firm Republic to Acquire Crypto Trader INX Digital for Up to $60M
The transaction is expected to close within eight months, subject to closing conditions
Republic
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Investment Firm Republic Buys Stake in Crypto Broker-Dealer INX at $50M Valuation
Republic will acquire around a 9.5% stake in INX following the initial investment, with a commitment to acquire of 100% of equity at a valuation of $120 million as early as Q3 this year..