Republic To Make Us$5.25 Million Investment In Inx And Enter Into Collaboration Agreement As Part Of Strategic Partnership To Maximize Growth Of The Global Digital Asset Industry
Amount Raised
$5.25 Million
Round Type
Venture
TorontoBlockchainCryptocurrencyInvestors
Description
The INX Digital Company, Inc. (NEO: INXD, INXATS: INX, OTCQB: INXDF) ("INX"), a US-regulated broker-dealer, ATS, and transfer agent, announced today that Republic ("Republic"), a global financial firm operating a digital merchant bank and a network of investment platforms, has entered into an agreement with INX (the "Investment Agreement") pursuant to which it will invest US$5.25 million in INX at an approximate US$50 million pre-money valuation (the "Transaction"). Following completion of the investment, Republic will own approximately 9.5% of the issued and outstanding shares of INX.
Quick answer
INX Digital Company raised $5.25 Million in a funding round, dated June 19, 2023. Investors: Inx and Republic. INX Digital Company is based in Toronto, Ontario, Canada.
- How much did INX Digital Company raise?
- INX Digital Company raised $5.25 Million in a funding round on June 19, 2023.
- Who invested in INX Digital Company?
- Inx and Republic are named as investors in this round.
- What does INX Digital Company do?
- INX Digital Company, Inc. is a U.S.-regulated broker-dealer, ATS, and transfer agent.
- Where is INX Digital Company based and how big is it?
- INX Digital Company is based in Toronto, Ontario, Canada.
- Who are the decision-makers at INX Digital Company?
- Fundz holds 1 contact at INX Digital Company. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Blockchain and Cryptocurrency around the same time
Companies in the same sectors as INX Digital Company that raised within 45 days of this round, from Fundz verified event records.
- Artela raised an undisclosed amount (Funding Round) on July 21, 2023.
- SKYPLAY raised $10M (Funding Round) on July 17, 2023.
- Artela raised $6M (Seed) on July 12, 2023.
- SOS raised $7.6M (Funding Round) on June 22, 2023.
- Intuition raised $4M (Seed) on June 15, 2023.
- BoomFi raised $3.8M (Seed) on June 13, 2023.
Who to call at INX Digital Company, and when
A new round usually means INX Digital Company is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day INX Digital Company raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at INX Digital Company, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at INX Digital Company. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment INX Digital Company raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
INX Digital Company raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.