Investment Firm Republic Buys Stake in Crypto Broker-Dealer INX at $50M Valuation


$ 82,906.2
€ 76,613.4
¥ 38,800.0
£ 64,105.6
BTC
$ 82,906.2
-1.03 %
$ 1,834.77
€ 1,695.60
¥ 858.70
£ 1,417.97
ETH
$ 1,834.77
-2.50 %
$ 217.59
€ 201.04
¥ 101.66
£ 168.18
XMR
$ 217.59
0.10 %
$ 85.92
€ 79.42
¥ 40.20
£ 66.43
LTC
$ 85.92
-0.50 %
Submitted by Anonymous (not verified) on Mon, 06/19/2023 - 17:00

Republic will acquire around a 9.5% stake in INX following the initial investment, with a commitment to acquire of 100% of equity at a valuation of $120 million as early as Q3 this year..

Author: 
Jamie Crawley
Tags: 
Finance
News
Republic
INX
Mergers and acquisitions
Jamie Crawley