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StoneX Digital launches digital asset lending capability

StoneX Group Inc. (NASDAQ:SNEX) today announced that StoneX Digital, a division of StoneX, has launched a digital asset lending capability.

As part of the strategic partnership, StoneX has participated in and led EDG’s Series A funding round, acquiring a minority stake in the company.

StoneX Digital, a division of StoneX, has secured its Crypto-Asset Service Provider (CASP) licence under the European Union’s MiCA.

StoneX Digital International Limited has been approved by the Central Bank of Ireland, as a VASP to operate a digital asset business.

StoneX Digital will provide institutional clients with access to multiple products and services for digital assets.