LO:TECH Closes $12 Million Series A to Expand in New York and Singapore
Photo: TokenPost
LO:TECH, a London-based trading firm, closed a $12 million Series A led by MMC to support planned expansion in New York and Singapore, two markets. Faction, 13 Books Capital and new investor Atka also participated in the round. Separately, the company plans to extend its trade execution services across traditional finance, digital assets and prediction markets. Tim Meggs, Marcus Horsley and Alex Williams founded LO:TECH. The firm focuses on high-frequency trading and liquidity provision, with businesses spanning proprietary trading, market-data distribution and trading technology.
Source: TokenPost
