Svmuu News: The institutional trading platform LMAX is working with advisors Morgan Stanley and KBW, an investment banking arm of Stifel, to evaluate strategic alternatives. Sources familiar with the matter say the options include a potential sale, a SPAC merger, or an IPO.
London-based LMAX recently launched a 24/7 multi-asset exchange and secured a $150 million strategic investment from Ripple, which is linked to the adoption of institutional stablecoins.
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After Securing a $150 Million Investment from Ripple, LMAX Explores a Sale, SPAC Merger, or IPO
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Source：Odaily · Source Link
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