🚀 Big news in the crypto world! Investment company Republic is set to acquire crypto trading firm INX Digital (INXDF) for up to $60 million. Here's the scoop:

- Republic's subsidiary, Republic Strategic Acquisition, will take over all shares of INX.

- The deal is expected to close within eight months, pending conditions.

- Already holding a 9.5% stake, Republic aims to boost its blockchain investment profile and explore new trading opportunities.

- INXDF shares saw a rollercoaster ride, jumping from $0.02 to $0.16 before settling at $0.09.

What do you think about this acquisition? Share your thoughts below! 💬