LMAX Launches First Institutional Crypto-Exchange
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LMAX Launches First Institutional Crypto-Exchange
The LMAX Exchange Group, afinancial technology firm and owner of the LMAX Exchange, announced today that it will be launching the first institutional cryptocurrency exchange. The exchange, which is going to be called LMAX Digital, will enable institutional investors to trade in five different cryptocurrencies.
The opening of the new exchange will be music to the ears of an industry that has often struggled to gain a sense of legitimacy. With so many dodgy exchanges and shady initial-coin-offerings, the opening of an institutional only crypto-exchange will provide crypto-enthusiasts with a long-yearned for seal of approval from financial officialdom.
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