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LMAX explores sale, SPAC merger or IPO

2026-07-24 15:05:06

Mars Finance news: institutional trading platform LMAX is working with its advisers, Morgan Stanley and KBW, the investment bank under Stifel, to evaluate strategic alternatives. Insiders say the relevant options include a potential sale, a SPAC merger, or an IPO. Based in London, LMAX rolled out a 24/7 multi-asset exchange in recent months and received a $150 million strategic investment from Ripple, which is tied to institutional stablecoin adoption.

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