CoinDesk·4 min read·medium
Institutional crypto trading platform LMAX is exploring sale, IPO
W
Will Canny
✦AI Summary
Institutional crypto trading platform LMAX Group is working with Morgan Stanley and Stifel to explore strategic options, including a potential sale or IPO. The company, which is currently valued at up to $5 billion, is prioritizing a Nasdaq listing but remains in no rush to go public due to current market conditions.
Institutional crypto trading platform LMAX Group is working with Morgan Stanley (MS) and investment bank KBW, part of Stifel (SF), to evaluate strategic options, according to three people familiar with the matter.
businesscryptoeconomy
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in