LMAX Explores Sale, SPAC Merger, or IPO After Receiving $150M Investment from Ripple

According to Odaily, LMAX recently received a $150 million strategic investment from Ripple to support institutional stablecoin adoption. The London-based institutional trading platform is now evaluating strategic alternatives including a potential sale, SPAC merger, or initial public offering, working with advisors Morgan Stanley and Stifel's investment banking arm KBW.
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