LMAX Group has launched Omnia Exchange, a new platform that allows users to convert different types of assets in real time using a single API. The system covers foreign exchange, cryptocurrencies, stablecoins, and other digital assets.
The launch follows a multi-year partnership with Ripple to integrate traditional financial markets with digital assets. As part of the collaboration, Ripple will provide $150 million in financing to support LMAX’s cross‑asset growth strategy. No additional financial details were disclosed.
Last year, LMAX Digital listed the RLUSD stablecoin on its institutional trading platform, enabling clients to access RLUSD as part of its infrastructure for regulated digital assets.
Omnia Enables 24/7 Institutional Asset Transfers
Omnia is built on LMAX Group’s existing technology and liquidity infrastructure. The platform is designed to give businesses access to unified wholesale liquidity and pricing.
Users can trade any asset against any other at any time, transfer value across borders, and settle transactions either on traditional rails or instantly on the blockchain.
- Navigating the digital asset landscape: a guide for professional traders and institutions
- LMAX Group Launches 100x Leverage Crypto "Perps" for Wall Street
- LMAX Expands Americas Team With Former Goldman Executive
David Mercer, CEO of LMAX Group, said, “Omnia Exchange delivers the ability for institutions to exchange any asset, anytime, anywhere.” He explained that the platform provides broader access to wholesale FX and digital asset markets.
According to Mercer, this reduces barriers and friction while enabling institutions to move liquidity more efficiently. He added that institutions can exchange value quickly and efficiently, similar to “sending a message.”
Platform Targets Payments, Custody, and Settlement
The platform is intended to simplify trading and payments. It targets a range of industries, including payment providers, retail finance, wealth managers, mobile networks, wallets, custodians, and social platforms. According to LMAX, integrating instant settlement and institutional-grade liquidity into these ecosystems could reduce transaction costs and enable new revenue streams.
LMAX Group operates multiple institutional execution venues and provides custody and market data services for FX and digital assets. Its portfolio includes LMAX Exchange, LMAX Global, and LMAX Digital, serving clients in over 100 countries. The company runs its own high-performance exchange technology with matching engines in London, New York, Tokyo, and Singapore.