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LMAX Group Explores Sale or Listing With $5B Valuation, Nasdaq Preferred

2026-07-24 14:41:25

NDAQ2.28%

MS0.29%

According to CoinDesk, LMAX Group is working with Morgan Stanley and KBW, the investment banking arm of Stifel, to evaluate strategic options including a sale, SPAC merger, or listings in the U.S. or Europe, with a potential valuation reaching $5 billion, as reported on July 24. Sources said Nasdaq listing is currently the preferred approach, though the company is not rushing to proceed, with its core foreign exchange business helping to offset current crypto market weakness.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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