INX Digital Company Inc (TSE:INXD) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
INX Digital Company Inc. has announced the strategic sale of its subsidiary I.L.S. Brokers Ltd. for up to $5 million, aiming to strengthen its focus on the Real-World Assets trading platform and enhance its position in the digital asset market. The move is part of INX’s strategy to concentrate on innovation and growth within the digital asset ecosystem by reallocating resources towards the development of regulated digital assets trading.
For further insights into TSE:INXD stock, check out TipRanks’ Stock Analysis page.