🚀 Ripple & LMAX Group: A $150M Alliance to Conquer the Institutional Market
Ripple is making a power move! The company is providing $150 million in funding to LMAX Group to integrate the RLUSD stablecoin into global trading infrastructure.
Key Highlights:
🔹 RLUSD – The New Standard: The stablecoin will serve as a primary collateral asset for banks, brokers, and hedge funds within the LMAX ecosystem.
🔹 Massive Scale: LMAX handles over $8 trillion in annual trading volume. This liquidity is now being tethered directly to Ripple’s solutions.
🔹 Synergy: Ripple Prime clients gain direct access to the deep institutional liquidity of LMAX Digital.
LMAX CEO David Mercer notes that growing regulatory clarity in the US is paving the way for fiat-backed stablecoins to become the bedrock of a new financial market structure.
Ripple isn't just launching a coin; they are building the foundation for institutional giants to trade trillions. 📈
