StoneX Group Launches StoneX Digital LLC

StoneX Group Inc., a diversified global financial services firm providing execution, risk management and advisory services, market intelligence, and clearing services across multiple asset classes and markets around the world, announced the launch of StoneX Digital LLC ("StoneX Digital"), a subsidiary dedicated to providing institutional clients with access to multiple products and services for digital assets. Brian Mulcahy, who joined StoneX in 2021 as Managing Director of Multi-Asset Business Development, will lead the StoneX Digital entity. StoneX Digital seeks to provide clients the flexibility and tools to interact with markets on their terms and enable them to trade and custody cryptocurrencies. StoneX Digital's path for innovative expansion is expected to include a scope of products and services for multi-asset coverage, staking, margin, and cross-asset lending.