July 24, 2026·Bullish·institutional

Ripple-Backed LMAX Explores Sale or IPO

LMAX, which received a $150 million investment from Ripple to boost RLUSD adoption, is considering a sale, SPAC merger, or IPO. Morgan Stanley and KBW are advising on the potential strategic options.

Detected & updated continuously · Source: Nebula

Mentioned

Ripple USD (rlusd)

Sources

@BankXRP

LMAX the trading platform that took a $150M investment from Ripple for RLUSD adoption is now exploring a sale, SPAC, or IPO with Morgan Stanley and KBW advising 👀 A Ripple-backed exchange potentially going public? Watch this one closely. https://t.co/bbZUIRoF45