OpenPayd delivers multi-currency settlement infrastructure for LMAX Group

London, UK, 25 February 2026 – OpenPayd, a leading provider of financial infrastructure, has announced a partnership with LMAX Group (“LMAX”), the leading global cross-asset marketplace for FX and digital assets, to enhance settlement efficiency across its global operations.

Through the partnership, LMAX settles FX trades in GBP, EUR and USD using OpenPayd’s infrastructure, supporting more efficient post-trade settlement across its institutional FX operations. LMAX is expanding the currency offering beyond the mentioned fiat to facilitate several FX rails within its digital asset platforms. The integration enables LMAX to better align settlement timelines with the real-time nature of FX trading, reducing settlement windows from days to hours.

As trading venues increasingly operate across both traditional and digital markets, the ability to manage settlement consistently across asset types has become a growing priority. The partnership builds on LMAX’s recent integration with Ripple for RLUSD stablecoin settlement. With Ripple’s enterprise payment flows also operating on OpenPayd’s infrastructure, LMAX now manages both fiat settlement, via OpenPayd, and stablecoin settlement, via Ripple, within a connected ecosystem. This allows LMAX to streamline settlement across traditional currencies and digital assets without introducing additional layers of complexity.

LMAX operates in high-volume, latency-sensitive markets where settlement certainty is critical. OpenPayd’s infrastructure underpins this requirement by providing a unified settlement environment that reduces operational friction and supports efficient liquidity management across currencies. For FX and CFD trading activity executed on LMAX, the partnership improves the speed and predictability of settlement by strengthening the venue’s underlying settlement processes.

As institutional trading venues increasingly support multiple asset classes, from FX and CFDs to digital assets, settlement infrastructure has become a critical point of convergence. The collaboration between OpenPayd and LMAX reflects this shift, providing a settlement framework designed to support cross-asset trading activity while maintaining the reliability and control required in institutional markets.

Jenna Wright, Managing Director, Digital Assets, LMAX Group said, “The need for unified, high-performance settlement infrastructure has never been greater. Our partnership with OpenPayd strengthens LMAX Group’s ability to deliver fast, reliable settlement across multiple currencies and asset types, supporting the scale and resilience our clients expect. By integrating OpenPayd’s infrastructure into our global ecosystem, we are reducing friction, increasing operational efficiency and ensuring our venues remain at the forefront of modern, cross-asset market structure.”

Iana Dimitrova, Chief Executive Officer at OpenPayd, said, “FX and CFD markets operate at pace, and settlement infrastructure must keep up. By supporting LMAX’s FX settlement and strengthening its post-trade settlement operations, we are helping trading venues reduce friction and operate with greater efficiency and confidence.”

She added, “This partnership demonstrates the value of infrastructure-led collaboration. When trading venues and financial infrastructure providers operate within a connected ecosystem, settlement becomes more predictable, more scalable and better aligned with how modern markets function.”

About LMAX Group

LMAX Group is a leading global cross-asset marketplace, powering the fusion of traditional and digital finance through trusted technology. Operating multiple institutional execution venues and providing access to custody and market data services for FX and digital assets, LMAX connects the world’s largest and newest asset classes via seamless, transparent and regulated infrastructure. 

The Group’s portfolio includes LMAX Exchange (institutional FX exchange, FCA regulated MTF and MAS regulated RMO), LMAX Global (FCA and CySec regulated brokers) and LMAX Digital (GFSC regulated execution venue and custodian). Serving funds, banks, brokerages and buyside institutions in over 100 countries, LMAX designs, builds and operates its own high performance, ultra-low latency exchange technology with matching engines in London, New York, Tokyo and Singapore. Combining deep expertise in FX with digital asset innovation, LMAX provides the trusted foundation on which the next generation of global markets will operate. 

For more information, visit www.lmax.com

About OpenPayd 

OpenPayd is building the universal financial infrastructure for the digital economy. Their rails-agnostic platform enables businesses to move and manage money globally – across fiat and digital assets – through a single, powerful API. OpenPayd provides embedded accounts, FX, domestic and international payments, Open Banking, and stablecoin on/off ramps – delivering interoperability between traditional finance and digital assets. With one of the most comprehensive banking networks in the market, OpenPayd enables real-time money movement, everywhere. 

Trusted by global brands including eToro, Kraken, OKX, and B2C2, they process more than $180 billion in annual volumes for over 1000 businesses. OpenPayd is the infrastructure layer powering the next generation of financial services.

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