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INX Digital Company Inc ( (TSE:INXD) ) has provided an update.
INX Digital Company, Inc. reported its Q2 2025 financial results, highlighting significant progress in infrastructure enhancement and platform capabilities as it prepares for acquisition by Republic. The company saw a net operating loss of $4.2 million and trading fees of $52K, with a maintained reserve fund of $34.3 million. Operational advancements included improved user experience, banking infrastructure migration, and platform scalability, positioning INX as a key player in Republic’s future offerings. The acquisition by Republic has advanced with necessary approvals, marking a pivotal moment for INX’s growth and positioning in the digital asset market.
More about INX Digital Company Inc
INX Digital Company, Inc. operates in the digital asset industry, providing a security token and digital asset trading platform known as INX.One. The company functions as a U.S. broker-dealer, alternative trading system, and transfer agent, focusing on connecting cryptocurrencies, stablecoins, Real-World Assets (RWAs), and security tokens under a unified trading environment.
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$46.67K
For detailed information about INXD stock, go to TipRanks’ Stock Analysis page.