LMAX Group, headquartered in UK, remains privately held in the financial technology / forex space. The latest valuation stands at $1B. Its shares do not trade on a public exchange.
1 valuation. The latest, $1B post-money, was set by the Strategic investment in Jul 2021.
LMAX Group runs institutional exchanges where banks and other large traders buy, sell and hold currencies and digital assets. Its venues, including LMAX Exchange, LMAX Global and LMAX Digital, span London, New York, Singapore and Tokyo, and the group also holds a Financial Conduct Authority-regulated multilateral trading facility.
Betfair and Goldman Sachs set up LMAX Group in 2010, initially so Betfair could apply its sports-betting software to letting customers wager on whether a company's share price would rise or fall, deals it called contracts for difference. The group is now headquartered in London and reported revenue of £149.36 million in 2024.
Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds LMAX Group.
Often trade at a premium or discount to NAV.
Platforms match existing holders with buyers. LMAX Group availability at any moment is set by the holders.
High minimums, transfer approval, company right-of-first-refusal.
Valuations, rounds and IPO status for every company in the directory — LMAX Group included.
The last valuation is $1B.
Lead investors for each round are in the funding timeline.
The closest financial technology / forex peers are on the competitors page.
The routes section explains what is realistically available for a company at this stage.
Perpetual markets for stocks, gold, indices and pre-IPO names — settled on-chain, no wallet-to-exchange transfers.
