LMAX Digital records 3 million trades since launch

Institutional crypto exchange LMAX Digital has completed its 3 millionth trades in less than a year, opening in May 2018. LMAX Digital reported gross revenues growth of 131 percent quarter on quarter as well as trading volumes growth of 126 percent.

As of January, the exchange has attracted 138 institutional clients, offering custodial services for major digital assets as well as physical trading.

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The exchange also recently received a positive in-principle decision on its pending Gibraltar license, furthering its bid to become an authorized distributed ledger technology provider in Gibraltar.

Correction: A previous version of this article referred to LMAX Digital as an FCA-regulated exchange, which it is not.