Stock Groups

Crypto-focused software firm Lukka raises $110M, reaches $1.3B valuation -Breaking

[ad_1]


Lukka is a cryptocurrency data and accounting firm that announced it raised $110 million through a new financing round under the leadership of Marshall Wace, a major hedge fund investor.

Lukka announced Friday that they would be launching a new product. it had completed a $110 million Series E funding round led by Marshall Wace, with participation from Soros Fund Management — a fund George Soros, a billionaire investor created it, Liberty City Ventures, S&P Global, and accounting advisor CPA.com. Lukka said it planned to use the funds for “aggressive growth and global expansion strategy” with its current customer base dealing in derivatives, decentralized finance and other products related to the crypto space.