LO:TECH Series A funding brings in $12 million for US, Asia-Pacific expansion
Photo: The Cryptonomist
LO:TECH has raised $12 million in Series A funding led by MMC to expand into the US and Asia-Pacific and grow its execution services for institutional clients. The London-based capital markets firm is building a business around trading that runs across traditional, digital and prediction markets, with infrastructure designed for round-the-clock access. Key takeaways MMC led the round, with Faction, 13 Books Capital and Atka participating. LO:TECH’s expansion plans include New York and Singapore. The firm is exploring US licences alongside its execution-services rollout.
Source: The Cryptonomist
