en.bitcoinsistemi.com
As part of its strategy to strengthen institutional trading infrastructure, Ripple has signed a multi-year strategic partnership with LMAX Group.
Under the agreement, Ripple will provide a $150 million funding commitment to support LMAX’s long-term cross-asset growth strategy.
As part of the partnership, LMAX Group will integrate Ripple USD ($RLUSD) as a primary collateral asset into its global, institutional-level trading infrastructure. This integration will allow banks, brokerage firms, and institutional investors to use $RLUSD in collateralization and settlement processes for spot cryptocurrencies, perpetual futures, contracts for difference (CFDs), and select fiat currency trading pairs.
Ripple stated that this funding reflects a long-term commitment to accelerating the convergence between traditional finance and digital asset markets. The collaboration positions $RLUSD as a bridge between traditional market infrastructures and on-chain consensus.
On the other hand, LMAX Group announced that $RLUSD will be offered through LMAX Custody and will operate with a decoupled wallet mechanism. This structure will allow clients to flexibly allocate their collateral among different asset classes within the LMAX ecosystem.
*This is not investment advice.