LMAX Group partners with Ripple – e-Forex

LMAX Group and Ripple have announced a strategic partnership to accelerate the fusion of traditional and digital capital markets. As part of this multi-year collaboration, LMAX will integrate RLUSD as a core collateral asset across its institutional trading infrastructure enabling LMAX’s global customer base, including top-tier banks, brokers and buy-side institutions to leverage RLUSD for enhanced cross-collateralisation and margin efficiencies across spot crypto, perpetual futures and CFD trading.  

“Partnering with a leader like Ripple is a milestone for LMAX, reflecting confidence and momentum in our cross-asset growth strategy. With the benefit of greater US and global regulatory clarity, fiat-backed stablecoins will be a key catalyst in driving the convergence of TradFi and digital assets and we firmly believe that RLUSD is positioned at the forefront,” said David Mercer, Chief Executive Officer of LMAX Group. “We are thrilled to partner with the forward-looking leadership team at Ripple as together we develop a modern financial ecosystem and the complete cross-asset marketplace for institutions globally.”