LMAX Explores Sale, IPO with Morgan Stanley, KBW
LMAX Group, a London-based institutional crypto and foreign‑exchange trading venue, is exploring strategic options including a potential sale or IPO, with Morgan Stanley and KBW advising and a possible Nasdaq listing that could value the business up to about $5 billion. The push comes alongside strong 2024 profitability and high institutional trading volumes, underscoring its role as a crypto‑adjacent infrastructure play insulated by its FX core, while maintaining a track record of institutional focus rather than token issuance.
Finance · 9 sources · Jul 24, 2026Read itThe journal
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About J.C. Flowers & Co.
J.C. Flowers & Co. is an American private equity investment firm, focused on investments in the financial services sector. The firm, founded in 2001, is based in New York City and run by billionaire J. Christopher Flowers, a former Goldman Sachs partner. As of 2017, the firm had invested more than $15 billion in capital.
Everything about J.C. Flowers & Co. →- Headquarters
- New York City
- Inception
- 2001
- Website
- http://www.jcfco.com/