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


$ 84,991.2
€ 74,797.3
¥ 38,800.0
£ 64,391.7
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1.24 %
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ETH
$ 1,639.71
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$ 214.34
€ 188.71
¥ 97.92
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$ 214.34
6.16 %
$ 77.29
€ 68.04
¥ 35.27
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LTC
$ 77.29
-0.73 %
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