LMAX
Digital, a pioneer in the institutional adoption of cryptos and an integral
part of the LMAX Group, is celebrating its fifth year of operation. Since its
launch in 2018, LMAX Digital has set new standards in the digital assets
ecosystem and emerged as the fastest-growing exchange within the LMAX Group,
trading $1 trillion of cryptos.
In its
five-year journey, LMAX Digital has not only reached an impressive milestone of
trading volumes but has facilitated more than 190 million trades, with over 37
million Bitcoin equivalent coins. LMAX Digital boasts a diverse client base
with 750 global investors on board and offers 24 cryptocurrency pairs to its
institutional clients.
“We’re
delighted to be marking five years of success at LMAX Digital,” David Mercer, the
CEO of LMAX Group, commented. “We have no doubt that the future of all
traditional assets and capital markets more broadly is digital.” Mercer anticipates dynamic growth for digital
assets as regulatory frameworks get established worldwide, which he believes
will open gateways to institutional capital.
According
to LMAX Group’s most recent financial report from November 2022, LMAX Digital
volumes reached over $500 billion during its fiscal year 2021. In May this
year, the company partnered with Zodia Custody, providing institutional-grade
trading infrastructure to CoinShares, one of the leading European alternative
asset managers specializing…
