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INX Digital Sharpens Focus with Strategic Subsidiary Sale

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INX Digital Sharpens Focus with Strategic Subsidiary Sale

INX Digital Company Inc (TSE:INXD) has released an update.

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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.

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