LMAX Group has signed a multi-year strategic partnership with Ripple to accelerate institutional adoption of stablecoins and deepen the connection between traditional financial markets and digital assets.
The agreement positions Ripple USD (RLUSD) as a core component of LMAX Group’s global trading infrastructure, reflecting growing demand from institutions for more efficient, always-on settlement and collateral solutions.
Key Takeaways
LMAX Group will integrate Ripple USD (RLUSD) as a core collateral and settlement asset across its institutional markets
Ripple is providing $150 million in financing to support LMAX’s long-term cross-asset growth strategy
The partnership expands institutional access to 24/7, cross-asset trading by combining LMAX infrastructure with Ripple Prime services
RLUSD becomes core collateral across LMAX markets
As part of the collaboration, LMAX will integrate RLUSD directly into its institutional trading environment. Banks, brokers, and buy-side firms using LMAX will be able to deploy the stablecoin as collateral across spot crypto, perpetual futures, CFDs, and selected FX products.
By using RLUSD instead of traditional fiat, clients gain improved margin efficiency, faster settlement, and the ability to move capital seamlessly across asset classes without being constrained by banking hours. The integration also enables 24/7 cross-asset market access, something that remains difficult to achieve with fiat-based systems.
Ripple backs LMAX growth with $150 million financing
Ripple will provide $150 million in financing to support LMAX Group’s long-term cross-asset expansion strategy. The funding signals confidence in LMAX’s institutional marketplace model and highlights the role stablecoins are expected to play as foundational infrastructure in modern financial markets.
LMAX executives say increasing regulatory clarity globally is making fiat-backed stablecoins a key catalyst for the convergence of traditional finance and digital assets, with RLUSD positioned to play a central role in that transition.
Deeper institutional access via Ripple Prime
The partnership also strengthens links between LMAX Digital and Ripple Prime. Ripple Prime clients can now use LMAX Digital as a primary venue for price discovery and liquidity, while benefiting from integrated brokerage, credit, and custody services.
This setup aims to reduce market fragmentation and counterparty risk, offering institutions a more streamlined gateway into digital asset trading within a regulated framework.
With $8.2 trillion in institutional exchange volumes recorded in 2025, LMAX is positioning stablecoins as a cornerstone of its next phase of growth, as global markets move toward faster, more programmable financial infrastructure.
