AUDM Stablecoin Listed on LMAX Group, Gaining Institutional Access
Macropod's Australian dollar stablecoin, AUDM, has been listed on LMAX Group, giving institutional market participants in over 100 countries access to the token. This move places AUDM on a global marketplace for foreign exchange and digital assets used by funds, banks, asset managers, retail brokerages, and buy-side institutions.
LMAX operates execution venues with matching engines in London, New York, Tokyo, and Singapore, expanding AUDM's reach into institutional trading infrastructure. Macropod describes AUDM as Australia's first Australian dollar stablecoin issued under an Australian Financial Services Licence.
Drew Bradford, Chief Executive Officer of Macropod, said the listing is a significant moment for the company, noting that it brings AUDM in front of institutions that already move the world's FX markets. LMAX Digital's Managing Director, Chris Knight, added that the listing strengthens their role in connecting traditional finance with the digital asset ecosystem.
AUDM has grown quickly since its launch in late 2025 and has been listed on various digital asset exchanges and networks. The token has also been used in projects linked to wholesale financial markets, including settling two use cases in the Reserve Bank of Australia's Project Acacia.