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

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Crypto-focused software firm Lukka raises $110M, reaches $1.3B valuation
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Money is sloshing in the markets right now, and Lukka just got about $110M worth of the pie.

, 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.

Lukka CEO Robert Materazzi said the crypto ecosystem had entered a “new phase of maturity,” with the firm aiming to address challenges from innovative technology in the industry. The company added the S&P Dow Jones Indices, major accounting firm RSM, and financial services company State Street to its list of customers in 2021.in March 2021 and recently achieved unicorn status with a more than $1 billion valuation. Serving many active crypto funds, Lukka has reportedly processed $2.

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