INX acquisition closes

We’re excited to announce that Republic completed its acquisition of INX. It was a 2-year effort and a big win for the team. 

This acquisition is our first big step toward providing liquidity pathways for Mirror Token holders beyond standard liquidity events. Today, many private companies take years to have an IPO, acquisition, or other monetizable liquidity event. Until then, liquidity has remained elusive. 

INX operates a regulated trading platform for digital securities and cryptocurrencies, holding regulatory licenses and technical infrastructure that complement Republic's existing operations.

The transaction brings together Republic's US and UK market presence with INX's regulatory framework and trading technology. This creates an integrated platform for primary tokenized asset issuance and secondary trading across jurisdictions.

For Republic, this acquisition expands our regulated infrastructure for digital asset trading and tokenization. The combined entity operates with SEC and FINRA oversight, positioning Republic to facilitate both primary issuance and secondary market liquidity for tokenized assets.

Mirror Tokens give investors pre-IPO exposure to private companies. Until now, the primary liquidity event was an IPO. With INX's regulated trading infrastructure now under Republic's control, we can facilitate secondary trading of tokenized equity before companies go public.

This fits within Republic's broader strategy of building full-stack infrastructure for digital finance. 

Republic now controls the complete lifecycle for tokenized assets—from origination through tokenization to secondary trading. This positions us uniquely as companies explore alternatives to traditional IPO processes or seek intermediate liquidity steps before going public.

The Animoca Brands tokenization we announced in September represents the type of offering this combined platform is designed to support. More is coming. We’re already seeing increased interest from large private companies seeking tokenized liquidity solutions that don’t rely on the traditional IPO window.

We'll share updates on integration progress and new product capabilities as they develop. This will also be the topic of our upcoming AMA, keep an eye out for the invite!