TechFlow news — INX Digital, a cryptocurrency exchange operator, announced the completion of an initial investment agreement with Republic. Republic invested $5.25 million to acquire a 9.5% stake in INX.
INX CEO said this is not only a business investment but also an investment in the future, and that both parties will deeply collaborate to reshape the global financial landscape. Republic's CEO stated that their shared goal is to fundamentally rethink how investors participate in digital finance.
Collaboration between the two companies includes enabling tokenized asset offerings from INX to be traded on INX’s secondary exchange market, as well as seamlessly integrating INX’s trading mechanisms with Republic’s ecosystem in a transformative way.
INX said that through its partnership with Republic, it will further advance the development of securities infrastructure, enabling both institutional and retail investors to participate in digital assets.
