Ripple injects $150 million into LMAX to push RLUSD stablecoin for institutions

2026-01-15 18:04:21

Source: CryptoNewsNet Original Title: Ripple injects $150 million into LMAX to push RLUSD stablecoin for institutions Original Link: Ripple, the blockchain company closely associated with the XRP Ledger network, is providing $150 million in financing to LMAX Group in a multi-year deal aimed to push its stablecoin in institutional trading.

The agreement aims to bring Ripple’s RLUSD token into LMAX’s global exchange infrastructure as a core collateral and settlement asset.

The funding will help LMAX expand its cross-asset capabilities, enabling clients—including major banks, brokers and asset managers—to use RLUSD across spot crypto, perpetual futures and CFDs. The integration is designed to unlock margin efficiency, reduce capital friction and offer around-the-clock access to both digital and traditional assets.

The move comes as LMAX reported $8.2 trillion in institutional trading volume last year and reflects broader momentum behind stablecoins as tools for institutional market access, not just crypto-native use. Ripple is aiming to position its RLUSD token as a highly-regulated stablecoin for institutions. Since launched in little more than a year ago, its market capitalization surpassed $1.4 billion.

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