Ripple Invests $150M in LMAX to Boost RLUSD Stablecoin Adoption for Institutional Clients

Ripple, a leading enterprise blockchain and crypto solutions provider, has made a strategic $150 million investment in LMAX Group, a major global institutional cryptocurrency exchange network. This significant capital injection is aimed at accelerating the adoption and liquidity of Ripple's upcoming RLUSD stablecoin within the institutional financial sector. The partnership will leverage LMAX's established infrastructure and deep relationships with banks, hedge funds, and asset managers to integrate RLUSD into their trading and settlement ecosystems. This move underscores Ripple's commitment to bridging traditional finance with digital assets, providing institutions with a regulated, reliable, and efficient stablecoin solution for cross-border payments and liquidity management.