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LMAX opens Kiosk to plug crypto collateral into FX and metals

LMAX opens Kiosk to plug crypto collateral into FX and metals

LMAX Group has launched Kiosk, a hosted portal that lets institutional clients deposit digital assets into LMAX Custody and use them as collateral across several markets. 

Summary

  • LMAX Kiosk lets institutions use digital assets as collateral across FX, metals, CFDs and crypto.
  • The launch follows DTCC, Franklin Templeton and BlackRock moves into tokenized collateral and fund rails.
  • LMAX did not disclose supported assets, client names or initial trading volumes for Kiosk yet.

The London-based cross-asset marketplace said the service supports spot foreign exchange, precious metals, digital assets, contracts for difference and perpetual futures.

The platform brings…

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