Ripple’s $150M LMAX Bet Begins Delivering as XRP Gains Institutional Collateral Role

thecryptobasic2026-05-20 10:42:38

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Ripple’s $150M LMAX Bet Begins Delivering as XRP Gains Institutional Collateral Role

A strategic investment Ripple made earlier this year is beginning to show results, with potential benefits for XRP. Notably, LMAX Group has officially launched Kiosk, a new institutional platform that allows firms to use digital assets such as XRP, Bitcoin, and RLUSD as collateral across multiple trading markets.

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