Republic Acquires INX Digital for Up to $60 Million

Investment firm Republic has agreed to acquire crypto trading platform INX Digital in a deal valued up to $60 million. Republic Strategic Acquisition, a subsidiary of Republic, will take over INX, with the acquisition expected to close within eight months after certain conditions are met. 60 Million agreement, depending on the completion of certain conditions and including an equity purchase of all outstanding shares not already owned by Republic, with the remaining $18.8 million paid to some INX shareholders through a deferred payment system linked to specific conditions.