LMAX2026-07-24 14:40:00LMAX weighs sale, SPAC merger or IPO after $150 million Ripple investmentInstitutional trading platform LMAX is working with advisers Morgan Stanley and KBW, the investment banking arm of Stifel, to review strategic alternatives. People familiar with the matter said the options under consideration include a potential sale, a merger with a special purpose acquisition company, or an initial public offering. LMAX, which is headquartered in London, recently launched a 24/7 multi-asset exchange. The company has also received a $150 million strategic investment from Ripple. According to the information provided, that investment is tied to institutional stablecoin adoption. The development points to a period of active strategic review for LMAX as it considers possible paths for its next stage.2280
Standard Char2026-07-23 11:15:15Standard Chartered, LMAX Execute First Bank-Grade Crypto Prime Brokerage TradesStandard Chartered and LMAX Group have completed the first live bank-grade digital asset prime brokerage pilot, covering spot BTC and ETH with T+1 settlement, addressing a longstanding structural gap in institutional crypto infrastructure.700
Ripple2026-07-10 01:52:13Ripple’s RLUSD Lands on LMAX’s $8.2 Trillion Trading Engine, Boosting Institutional Crypto AdoptionRipple partners with LMAX Group to integrate RLUSD as a core collateral asset within the institutional exchange, backed by $150M in financing. The move marks stablecoin’s deep penetration into traditional finance, accelerating institutional adoption.650
