LMAX Group Launches Digital Asset Collateral Solution for Institutions
Summary
LMAX Group has launched Kiosk, a new portal that allows institutional investors to deposit digital assets into LMAX Custody to serve as collateral for trading activities. The solution supports a range of asset classes, including foreign exchange, precious metals, derivatives, and cryptocurrencies. By offering tools for treasury management and security, the platform aims to integrate digital assets into core trading infrastructure, reflecting a broader industry move toward utilizing onchain collateral alongside firms like Franklin Templeton and the DTCC.
(Source:Cointelegraph)