LMAX Group

Institutional crypto trading platform LMAX is exploring options for a potential sale or initial public offering (IPO). The company is considering strategic moves to either sell the business or list its shares publicly.

Standard Chartered and LMAX Group executed their first live digital asset prime brokerage trades, marking a milestone in institutional crypto market infrastructure. The pilot involved spot Bitcoin trades with T+1 settlement through Standard Chartered’s UK branch and custody via its Dubai-based platform, validating credit, risk management, and regulatory compliance frameworks.

LMAX CEO argues that cryptocurrency should adopt the best aspects of centralization. The statement highlights a potential blend of centralized and decentralized approaches in the crypto space.

LMAX Group has launched a digital asset collateral solution, allowing clients to deposit digital assets into custody and use them as collateral to trade various financial instruments. This solution enables institutions to utilize their digital assets for trading purposes. The platform supports trading of FX, metals, CFDs, perpetual futures, and crypto.