LMAX unveils new exchange to break the wall down between crypto and FX
Institutional crypto exchange provider LMAX Group has unveiled Omnia Exchange, designed to allow users to seamlessly convert FX, crypto, stablecoins and other digital assets in one platform, the company said on Tuesday.
Described as a “a unified multi-asset infrastructure layer,” Omnia allows users to trade any asset directly against any other 24/7, without restrictions on size or type, and to settle on traditional rails or instantly on the blockchain, according to a press release.
LMAX’s cryptocurrency-focused business has long been a major player when it comes to institutional crypto trading, reporting $8.2 trillion in institutional volume last year.
Whereas LMAX Digital is an institutional crypto execution venue and custodian,…
