π€―π “Blockchain Bonanza: Republic Scores Big on INX Acquisition!” ππ€―
Oh, the joys of tokenization! π In a move that’s sure to make your head spin, Republic has acquired INX Digital Company for a whopping $60 million. Because, you know, who needs a social life when you can have a tokenized asset platform? π€·ββοΈ
The great tokenization rush continues! π On April 3, 2025, Republic announced its acquisition of INX, a trading platform that will enable Republic to expand its tokenized asset offerings. Because, you know, the world wasn’t already saturated with tokenized assets… π
Excited to announce that we have entered into an agreement with @Republic to be acquired! @INX_Group and @joinrepublic will join forces to build a comprehensive hub for digital assets. Primary and secondary markets, crowdfunding, and private equity for retail are just a fewβ¦
β @alansilbert (April 3, 2025)
Now, let’s talk numbers, shall we? πΈ The deal stipulates that Republic will acquire all INX common shares it doesn’t currently own for $54.8 million. That’s a 631% premium! π€ Because, you know, INX’s market cap was only $8.25 million. Who needs a 631% return on investment, anyway? π€·ββοΈ
Of that total, $18.8 million will go to rollover shareholders, who will convert a portion of their shares into equity in Republic. Non-rollover shareholders will receive $20 million upfront and $16 million deferred over 18 months. Because, you know, who doesn’t love a good delayed gratification? π€―
Republic enters U.S. market in asset tokenization
For Republic, the acquisition is a significant step in offering tokenized assets such as private equity shares, bonds, and real estate. And, because they’re feeling extra generous, INX’s regulatory licenses transfer with the acquisition, including U.S. broker-dealer, transfer agent, alternative trading system, and money transmitter licenses. Because, you know, who needs actual expertise when you have a fancy title? π
βRepublic and INX are building the infrastructure that bridges traditional finance with blockchain, creating new opportunities for investors at every level.βΒ
Andrew Durgee, CO-CEO of Republic
Real-world asset tokenization refers to the practice of converting real assets into tradable tokens on the blockchain. According to InvestaX, the tokenized real world assets market has grown by 85% year-over-year, reaching $15.2 billion in December of 2024. Moreover, RWAβs total value locked on-chain hit a new high of $10.68 billion in March. Because, you know, who needs actual growth when you have a fancy number? π
RWAs have gained popularity for their ability to democratize access to historically exclusive markets. Sectors like real estate and fine art typically require significant capital, while private equity investments are often restricted to accredited investors. Because, you know, who needs actual access when you can have a tokenized representation? π€·ββοΈ
By enabling fractional ownership, RWA tokens open these markets to retail investors, potentially transforming the investment landscape. Because, you know, who needs actual transformation when you can have a tokenized representation? π€―
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2025-04-03 20:59