StoneX Group Unveils New Subsidiary, StoneX Digital LLC

​Fazzaco learned that StoneX Group Inc., a diversified global brokerage and financial services firm providing execution, risk management and advisory services, market intelligence and clearing services across multiple asset classes and markets around the world, has established StoneX Digital LLC (StoneX Digital), a new subsidiary offering digital assets-related products and services for the group's institutional clients.

As detailed in the official press release, Brian Mulcahy will lead the StoneX Digital entity. Before this role, he has been serving as Managing Director of Multi-Asset Business Development at StoneX since January 2021.

The subsidiary aims 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 to growth will include a scope of products and services for multi-asset coverage, staking, margin, and cross-asset lending.

​This new product offering is expected to further enhance StoneX's ability to connect clients to the global financial markets and offer a broad array of financial products and institutional-grade platforms.