LMAX Group, a leading global cross-asset marketplace, and Ripple, a financial technology company offering crypto solutions for businesses, have announced a strategic multi-year partnership. Ripple will provide $150 million in debt financing to support LMAX's long-term cross-asset growth strategy. This collaboration aims to accelerate the convergence of traditional financial and digital capital markets. As part of the agreement, LMAX will integrate Ripple USD (RLUSD), already a top 5 USD-backed stablecoin, as a core collateral asset across its institutional trading infrastructure. This will enable LMAX's global client base, including top-tier banks, brokers, and buy-side institutions, to leverage RLUSD for enhanced cross-collateralisation and margin efficiencies across spot crypto, perpetual futures, and CFD trading. The partnership also includes the integration of LMAX's digital assets exchange with Ripple Prime, Ripple's multi-asset prime brokerage service, to provide institutions with a gateway for digital assets trading, mitigating market fragmentation and counterparty risk. This move highlights the growing recognition of blockchain technology's potential to modernize global financial market structures and underscores the increasing institutional interest in fiat-backed stablecoins.