LMAX and Ripple Accelerate RLUSD Adoption with $150 Million Financing

LMAX Group and Ripple announce a multi-year partnership deploying RLUSD as core collateral across institutional platforms to boost cross-asset settlement and liquidity.

Rich by Coin

2026-01-15

LMAX Group, the leading global cross-asset marketplace for FX and digital assets, and Ripple, a financial technology company that offers crypto solutions for businesses, have announced a new strategic partnership to accelerate the fusion of traditional and digital capital markets. As part of this multi-year collaboration, LMAX will integrate Ripple’s US-pegged stablecoin RLUSD as a core collateral asset across its institutional trading infrastructure enabling LMAX’s global customer base—including top-tier banks, brokers and buy-side institutions—to leverage RLUSD for enhanced cross-collateralisation and margin efficiencies across spot crypto, perpetual futures and CFD trading. As a part of the collaboration Ripple will provide $150 million in debt financing to support LMAX’s long-term cross-asset growth strategy. This arrangement underscores the shared vision between both companies to build a more efficient, on-chain financial ecosystem that allows for frictionless settlement and value movement.

Key benefits of the integration for LMAX Group clients: Enhanced liquidity: RLUSD will serve as collateral and as a settlement currency for spot crypto trading, and fiat crosses. Margin efficiency: Clients can utilise RLUSD as margin funding for perpetual futures and CFD trading. Secure custody: RLUSD holdings will be accessible via LMAX Custody, utilising segregated wallets to ensure fungibility and transferability across TradFi and digital assets. Institutional on-ramps: LMAX Kiosk will enable institutional on-ramps, allowing clients to trade multiple FX and digital products using RLUSD collateral.

24/7 cross-asset market access: fungibility via RLUSD, not available with fiat today. Ripple Prime customers are now able to leverage LMAX Digital as a primary price discovery venue with deep liquidity to trade and hold digital assets securely. Ripple holds 75+ regulatory licenses and registrations globally, providing the compliant infrastructure necessary for financial institutions to store, exchange and move value.

The collaboration is enhanced by the integration of LMAX’s digital assets exchange with multi-asset prime broker Ripple Prime. The combination of LMAX’s regulated exchange infrastructure and Ripple Prime’s credit and brokerage capabilities provides institutions with an efficient gateway to trade digital assets while addressing market fragmentation and counterparty risk.