Overview
- Ripple will provide $150 million in financing to support LMAX’s cross‑asset expansion and stablecoin strategy.
- RLUSD will serve as core collateral and a settlement currency across LMAX platforms covering spot crypto, certain fiat pairs, perpetual futures, and CFDs.
- LMAX Custody will safeguard RLUSD in segregated wallets to facilitate transferability between traditional and digital assets.
- LMAX Kiosk will provide institutional on‑ramps that enable 24/7 cross‑asset trading using RLUSD across FX and crypto products.
- LMAX Digital will connect to Ripple Prime, giving Ripple’s institutional clients access to LMAX liquidity with rollout details still to be disclosed.