Republic acquires The INX Digital Company Inc. for US$60M

On November 10, 2025, OpenDeal Inc. (DBA Republic) ("Republic") acquired all outstanding shares of The INX Digital Company Inc. ("INX") for US$60 million. Following the acquisition, INX has become a private company fully integrated into Republic’s operations, expanding Republic’s presence in the blockchain and digital asset investment space.

Republic, headquartered in New York City, New York, USA, is a financial technology company that operates online investment platforms.

INX provides regulated trading platforms for digital securities and cryptocurrencies.

McCarthy Tétrault LLP advised Republic with a team led by Brad Squibb that included Farhiyah Shariff, Bryce Safton, Rahul Bhutani (Business Law); Michael Caldecott, Alykan Rahim (Competition); Patrick Williams (Litigation); Christian Meighan, Julien Leblanc and Etienne Laplante (Tax).