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The latest announcement is out from INX Digital Company Inc ( (TSE:INXD) ).
INX Digital Company Inc. is set to be acquired by Republic for up to $60 million, creating a comprehensive hub for both Web3 and traditional investors. This acquisition aims to enhance Republic’s position in the blockchain investment space by integrating INX’s regulated platform for secondary market trading with Republic’s expertise in primary offerings. The merger is expected to provide retail investors with access to a broader range of tokenized assets and offer companies a compliant way to raise capital through tokenization. Institutional investors will benefit from improved liquidity and efficiency in trading real-world assets and security tokens, ultimately reshaping access to financial markets by bridging traditional finance with blockchain technology.
More about INX Digital Company Inc
INX Digital Company Inc. operates in the digital finance industry, focusing on security token and cryptocurrency trading. The company aims to bridge traditional finance with blockchain technology, offering a regulated platform for both retail and institutional investors to trade tokenized assets and engage in secondary market opportunities.
YTD Price Performance: -6.25%
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$46.67K
See more insights into INXD stock on TipRanks’ Stock Analysis page.