PANews reported on April 4th that the investment company Republic announced plans to acquire the crypto trading platform INX Digital (INXDF) at a maximum valuation of $60 million. The acquisition is expected to be completed within the next eight months, subject to certain conditions.

Republic stated that this acquisition will strengthen its position as a blockchain investor and create pathways for token trading and secondary market opportunities for crypto assets and real-world assets (RWAs).

It is understood that Republic had previously acquired 9.5% of INX's shares in 2023, and after the transaction is completed, it will fully integrate INX's operations.