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TechFlow news — According to CoinDesk, investment firm Republic will acquire approximately 9.5% of INX at a pre-investment valuation of about $50 million, and has committed to acquiring 100% of the equity at a $120 million valuation as early as the third quarter of this year. The initial transaction is expected to close within 60 days, subject to regulatory approval.
Investment firm Republic will acquire approximately 9.5% of INX at a pre-investment valuation of around $50 million, with a commitment to purchase 100% of the equity at a $120 million valuation as early as the third quarter of this year. The initial transaction is expected to close within 60 days, subject to regulatory approval.
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