Can This $150 Million Ripple Deal Lift XRP Back To $3?
15 Articles
15 Articles
Can This $150 Million Ripple Deal Lift XRP Back To $3?
XRP (CRYPTO: XRP) is testing $2.13 after four consecutive rejections at a key resistance line, but Ripple’s $150 million deal with LMAX Group and $1.26 billion in ETF inflows are setting up a potential breakout to $3. Four Rejections Mark The Resistance XRP has tried to break above a descending trendline four times since July’s $3.60 peak—and failed every single time. The rejections came in August, September, October, and most recently in early …
Ripple and LMAX Strike Multi-Year Deal to Scale RLUSD Across Institutions More Stories ETHNews
Ripple and LMAX Group said they have entered a multi-year strategic partnership to integrate Ripple’s USD-backed stablecoin, RLUSD, across LMAX’s global institutional trading infrastructure. The agreement includes $150 million in financing from Ripple to support LMAX’s long-term cross-asset growth strategy. The partnership is designed to embed RLUSD directly into institutional workflows, positioning the stablecoin as a settlement and collateral …
Ripple News: LMAX Group to Integrate RLUSD Across Institutional Markets
The agreement positions Ripple USD (RLUSD) as a core component of LMAX Group’s global trading infrastructure, reflecting growing demand from institutions for more efficient, always-on settlement and collateral solutions. Key Takeaways LMAX Group will integrate Ripple USD (RLUSD) as a core collateral and settlement asset across its institutional markets Ripple is providing $150 million in financing to support LMAX’s long-term cross-asset growth…
LMAX Group and Ripple Form Strategic Partnership to Integrate RLUSD Stablecoin for Institutional Trading
TLDR: LMAX Group integrates RLUSD as core collateral across spot crypto, perpetual futures, and CFD trading platforms. Ripple provides $150 million financing to support LMAX’s cross-asset growth and stablecoin adoption strategy. Partnership combines LMAX Digital exchange with Ripple Prime to reduce market fragmentation for institutions. RLUSD ranks among top five USD-backed stablecoins, offering 24/7 cross-asset market access for clients. LMA…
The company specializing in cryptocurrency relies on its growth in Europe and expands its offer of services.
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