LMAX Launches Kiosk for Digital Assets as Trading Collateral

LMAX Group, a London-based institutional trading venue, launched Kiosk on May 12, a hosted portal enabling its clients to deposit digital assets into LMAX Custody and use them as collateral for trading across foreign exchange, precious metals, contracts for difference, perpetual futures and digital assets.

The platform targets LMAX's network of more than 600 institutional clients, including banks, brokers and asset managers. It consolidates deposits, withdrawals, API credential management, WalletConnect integration, security settings and treasury controls into a single interface. This setup allows firms to deploy crypto holdings, such as Bitcoin or Ether, to back positions in traditional markets without managing fragmented systems.

David Mercer, CEO of LMAX Group, described Kiosk as foundational infrastructure for modern capital markets. "Hyperefficient collateral will be the foundation of modern, converged capital markets, and Kiosk offers a compliant way for institutions to integrate digital assets into their core trading infrastructure," he said. The product builds on LMAX's established venues for regulated FX, metals and digital asset trading, extending crypto utility beyond...