LMAX Group Appoints Morgan Stanley, KBW to Assess Crypto Trading Platform Sale or IPO

businessmergers-acquisitionscryptorumors 1 posts · 1 accounts

LMAX Group is engaging Morgan Stanley and KBW to evaluate strategic options for its institutional crypto trading platform, Bloomberg reported. The company is considering a public offering or a sale of the business.

The potential transaction highlights increased banking sector focus on cryptocurrency market infrastructure. No valuation figures or timeline for a decision have been disclosed, and the company may ultimately decide to remain independent.

From the sources (1 posts)

@coindesk

SCOOP: Institutional crypto trading platform LMAX Group is working with Morgan Stanley and KBW to evaluate strategic options which could include a sale or an IPO, according to sources. @willcanny99 reports

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