After receiving $150 million investment from Ripple, LMAX explores sale, SPAC merger, or IPO
2026-07-24 14:40
Odaily Planet Daily News: Institutional trading platform LMAX is working with advisors Morgan Stanley and Stifel's investment bank KBW to evaluate strategic alternatives. According to sources familiar with the matter, options include a potential sale, SPAC merger, or IPO.
London-based LMAX recently launched a 24/7 multi-asset exchange and received a $150 million strategic investment from Ripple, which is linked to institutional stablecoin adoption.
London-based LMAX recently launched a 24/7 multi-asset exchange and received a $150 million strategic investment from Ripple, which is linked to institutional stablecoin adoption.
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