We are proud to have delivered the Cash Fund distribution to the INX Token holders, rewarding the INX community for its trust and vision. 🤝
As we enter the next chapter of the INX story, today we are announcing the anticipated delisting to be followed by a voluntary repurchase or exchange of the INX Token as part of our evolving strategic vision.
Official details and timelines are coming soon—stay tuned. 🚀
AMA : Republic acquires INX
1. Republic & INX Integration and Strategy
* INX Acquisition Completed & Objectives: Republic closed the INX acquisition on November 10, 2025, thereby completing a true full-stack infrastructure that covers the entire digital-securities lifecycle — origination, tokenization, primary distribution, and secondary market trading.
* Integration Progress: Integration work is progressing aggressively. The immediate goal is to leverage INX’s regulated digital ATS to deliver a significantly improved user experience for Republic’s secondary-market activities. Visible changes are expected to begin rolling out late Q1 or early Q2 2026.
* Strategic Value: Republic’s 2025 GAAP revenue is tracking to $40–50 M+, and the company is financially strong and profitable. INX’s current revenue remains negligible. The real value of the acquisition lies in the exceptional regulatory licenses and proven secondary-trading capabilities that INX brings to the table.
2. Tokens & Liquidity
* Token Consolidation Plan: The INX token and the Republic Note are currently two legally separate securities operating under different regulatory frameworks. Long-term, the intention is to merge them into a single unified token to eliminate confusion and better reflect the combined entity’s shared mission. We hope to share concrete details on the consolidation roadmap in Q1 2026.
* Liquidity Initiatives: An Automated Market Maker (AMM) has already been deployed on the INX platform in test mode and is currently running live tests. Parallel discussions with multiple professional market makers are ongoing to further deepen liquidity.
* Product Launch: The MIA token will list on INX late Q1 2026 once its regulatory restriction period expires.
3. Other Key Updates
* Personnel Change: Co-founder Paul Mench has stepped away from day-to-day operations at Republic to focus full-time as CEO of a new startup, but he remains a significant shareholder and advisor.
* Sale Rumors: The rumor that Trumpcoin or any related entity is acquiring Republic is completely false. Republic is not for sale and has no plans to be sold.
* Institutional Backing: The INX acquisition was funded with capital from one of the top-tier Wall Street institutions (Blackstone/BlackRock caliber).
* Republic Note Value: There is zero intention to dilute or reduce the economic rights of Republic Note holders — every change made to date has been in the direction of increasing value for Note holders. (Note: Contractually, Republic Note’s profit share remains limited to profits generated by the U.S. crowdfunding platform and venture capital segment only; it does not currently include INX secondary-trading fees.)