Instant cross-chain settlement. No bridges required.
After 5 years developing open banking infrastructure, Lux Financial delivers instant cross-chain settlement with zero bridge risk
NEW YORK, Jan. 28, 2026 — Lux Financial today announced general availability of its cross-chain payment infrastructure, enabling banks, PSPs, and fintechs to offer instant stablecoin settlements across 15+ blockchain networks with no bridge contracts.
The platform is the result of 5 years of development, beginning when CTO Zach Kelling joined CDAX in October 2020 to lead technology development. Lux Financial has operated as the technology services partner to CDAX, building open banking infrastructure for digital asset services in the UK and Isle of Man.
Why this matters for financial institutions
Global payment volume continues to grow, yet cross-border payments remain slow and expensive. Stablecoin payment volume reached over $10 trillion in 2025 — market share being captured from traditional institutions that lack the infrastructure to compete.
Lux Financial's stablecoin payment platform helps financial institutions cut cross-border payment delivery time to minutes with a 90% cost reduction over industry standards. The platform, which can be fully integrated in under 30 days, handles:
- Wallet provisioning — Multi-chain custody with MPC security
- Treasury management — Automated liquidity and FX optimization
- Compliance orchestration — Built-in KYC/AML with 200+ jurisdiction support
- Settlement & reconciliation — Real-time atomic settlement
The platform abstracts blockchain complexity while allowing institutions to maintain full control over risk and customer relationships.
"We're giving institutions the full-stack infrastructure to add blockchain as a payment rail, the same way they added mobile payments. We are the only platform that doesn't seek to compete with banks, PSPs, or fintechs, but support them."
— CEO, Lux Financial
Platform Capabilities
Lux Financial offers a complete white-label solution for financial institutions:
- Multi-stablecoin support — USDC, USDT, EURC across 15+ blockchains
- Fiat on/off ramps — Direct bank integration in 40+ countries
- API-first architecture — Full REST and GraphQL APIs
- Regulatory compliance — Licensed in UK, EU, US (via sponsor bank)
- Enterprise security — SOC 2 Type II, ISO 27001 certified
Availability
The Lux Financial platform is available now for qualified financial institutions. To learn more about the platform, schedule a demo at lux.financial/contact or reach out to our partnership team.
About Lux Financial
Lux Financial is the technology services company behind the open banking infrastructure developed in partnership with CDAX since 2020. The company operates as Lux Partners Limited in the Isle of Man (IOMFSA regulated) and Lux Industries Inc in the United States. The platform enables licensed financial institutions to connect traditional finance with blockchain-based money movement, operating in the US through a partnership with Metropolitan Commercial Bank, a NY State chartered, FDIC-insured bank.
Media Contact
press@lux.financialSOURCE Lux Industries Inc