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INX Digital Company Inc ( (TSE:INXD) ) has issued an update.
INX Digital Company Inc. reported its Q1 2025 financial results, highlighting a focus on expanding its crypto offerings and maintaining a dual-asset platform strategy. The company is set to be acquired by Republic, a financial technology firm, in a deal valued at up to $60 million, marking a significant milestone in scaling regulated digital asset infrastructure. Despite a decrease in trading fees and an increased net loss, INX continues to expand its crypto asset pool and geographic footprint, positioning itself as a trusted venue for compliant trading amid growing global interest in tokenization of real-world assets.
More about INX Digital Company Inc
INX Digital Company Inc. operates in the financial technology industry, offering regulated trading platforms for digital securities and cryptocurrencies. The company combines traditional market expertise with a fintech approach to provide innovative solutions for capital markets using blockchain technology. INX aims to be a global hub for digital assets, emphasizing a disciplined regulatory approach.
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$46.67K
Learn more about INXD stock on TipRanks’ Stock Analysis page.