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2026-07-24 14:51:44 UTC

Blockchain Report on Nostr: LMAX Group, a major FX & digital asset trading platform, is exploring a sale or IPO. ...

LMAX Group, a major FX & digital asset trading platform, is exploring a sale or IPO. Sources tell CoinDesk they've hired Morgan Stanley & KBW. Options include acquisition, SPAC merger, or listing on US/EU exchanges. Valuations could hit $5B. A Nasdaq listing is preferred, but no immediate rush. J.C. Flowers bought 30% for $300M in 2021, valuing LMAX at ~$1B then.

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