Share this article

Investment Firm Republic to Acquire Crypto Trader INX Digital for Up to $60M

The transaction is expected to close within eight months, subject to closing conditions

Updated Apr 3, 2025, 6:46 p.m. Published Apr 3, 2025, 4:41 p.m.
New York City (JLB1988/Pixabay)

What to know:

  • Republic is set to acquire crypto trading firm INX Digital at a valuation of up to $60 million.
  • Already an existing shareholder in INX after acquiring a 9.5% stake in 2023, Republic will integrate itself fully in INX's operations following completion of the transaction.
  • Republic said the acquisition will strengthen its position as a blockchain investor.

Investment company Republic is set to acquire crypto trading firm INX Digital (INXDF) at a valuation of up to $60 million.

Republic subsidiary Republic Strategic Acquisition will acquire all issued and outstanding shares of INX, according to an announcement on Thursday.

STORY CONTINUES BELOW
Não perca outra história.Inscreva-se na Newsletter Crypto Daybook Americas hoje. Ver Todas as Newsletters

The transaction is expected to close within eight months, subject to closing conditions.

Already an existing shareholder in INX after acquiring a 9.5% stake in 2023, Republic will integrate itself fully in INX's operations following completion of the transaction.

New York-based Republic said the acquisition will strengthen its position as a blockchain investor, creating a pathway for trading tokens and engaging in secondary market opportunities across crypto and real-world assets (RWAs).

Having opened at $0.02, INXDF's shares spiked to $0.16 following Thursday's announcement before retreating to $0.09 in the following few hours.

Mais para você

Protocol Research: GoPlus Security

GP Basic Image

O que saber:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

Mais para você

Crypto Investment Firm Blockstream to Acquire TradFi Hedge Fund Corbiere Capital

Adam Back, CEO Blockstream (CoinDesk/Personae Digital)

The planned deal will bring Corbiere’s equity and event-driven strategies under Blockstream’s asset management arm.

O que saber:

  • Blockstream plans to acquire Jersey-based hedge fund Corbiere Capital Management for an undisclosed amount.
  • Corbiere founder Rodrigo Rodriguez will become CIO of Blockstream Capital Management, a new asset management unit.
  • Komainu, a Blockstream portfolio company, will handle custody, connectivity and off-exchange collateral management.