LMAX Group, a provider of institutional-grade cryptocurrency exchange services, announced on Tuesday the official launch of the Omnia exchange. The platform is designed to enable users to seamlessly trade foreign exchange, cryptocurrencies, stablecoins, and other digital assets on a single venue.

According to a press release, Omnia is positioned as a "unified multi-asset infrastructure layer" that allows users to conduct direct trades between any assets 24/7, regardless of transaction size or asset type. Settlements can be processed via traditional payment channels or executed instantly on the blockchain.

LMAX's cryptocurrency division has long been a key player in the institutional crypto trading space, with institutional trading volume reaching $8.2 trillion last year.

A spokesperson for LMAX stated via email that LMAX Digital is an institutional crypto execution and custody platform focused on cryptocurrency/forex pairs, while Omnia aims to integrate forex, cryptocurrencies, stablecoins, and other digital assets into a single ecosystem. It supports direct trading between any assets—not just between cryptocurrencies and fiat currencies.

David Mercer, CEO of LMAX, remarked that Omnia "bridges the gap between traditional markets and digital asset markets."

In a statement, Mercer said, "The Omnia exchange establishes a new paradigm for capital markets, enabling institutions to trade any asset, anytime, anywhere. By opening access to global wholesale forex and digital asset markets, we are removing barriers, reducing friction, and unlocking liquidity. Institutions can exchange value as easily as sending a message, creating an exceptionally efficient model for capital operations."

LMAX Group recently partnered with Ripple to integrate its stablecoin, RLUSD. This move reflects the growing role of stablecoins as universal tools for institutional market entry, extending beyond the crypto-native sphere.