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LMAX Group launches digital asset collateral solution for institutions

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 23 Views

LMAX Group launches digital asset collateral solution for institutions

The new portal lets LMAX clients deposit digital assets into custody and use them as collateral to trade FX, metals, CFDs, perpetual futures and crypto.

Global cross-asset marketplace LMAX Group has launched Kiosk, a hosted portal that lets institutional clients deposit digital assets into LMAX Custody and use them as collateral to trade across its FX, metals, derivatives and crypto markets.

The product allows clients to post digital assets as collateral for spot foreign exchange, precious metals, contracts for difference, perpetual futures and digital assets, the company said Tuesday.

Kiosk includes tools for deposits, withdrawals, API credential management, WalletConnect, security controls and treasury management, according to LMAX.

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