Republic Acquires INX Digital in $60 Million Deal: Boosting Regulated Securities Market

Financial technology firm Republic is acquiring INX Digital, a regulated cryptocurrency trading platform, for up to $60 million. This strategic move signals Republic’s intent to expand its reach into the burgeoning world of digital securities and cryptocurrencies. The acquisition reflects a strong market response, evidenced by the stock price surge of 180% for INXDF after the announcement.