LO:TECH raises Series A funding to expand crypto trading in U.S. and Asia
As institutional demand for digital-asset execution grows across major financial centers, LO:TECH has raised $12 million in a Series A round to support its expansion into the U.S. and Asia. The company is using the capital to build out execution services, pursue regulatory approvals and establish a presence in hubs including New York and Singapore.
Highlights
- LO:TECH raised a Series A round led by MMC to expand crypto trading activities into the U.S. and Asia, targeting institutional clients.
- Since the August 2025 funding round, LO:TECH's revenue has tripled and its workforce doubled, with monthly trading volumes in the billions.
- LO:TECH aims to offer 24/7 trading of tokenized stocks, but faces competition from traditional exchanges dominating price discovery for tokenized equities.
Expansion plan and funding use
As reported by CoinDesk, the Series A round is led by MMC and is aimed at extending LO:TECH's crypto trading activities beyond its current base into the U.S. and Asian markets.LO:TECH is currently focused on proprietary trading and on providing liquidity in digital asset markets. It has not launched regulated trading services yet, as it awaits the necessary approvals, and it is also exploring licenses in the U.S.
The company says the new capital supports stronger execution services for institutional clients and underpins its push into major financial hubs. LO:TECH also says its monthly trading volumes are in the billions, and that since its previous funding round in August 2025, revenue has tripled while its workforce has doubled.
Tokenized stock ambitions and market context
A key part of the firm's strategy is a 24/7 market for tokenized stocks, although it has not disclosed whether it is currently trading tokenized equities. That leaves open how quickly the company can move from digital-asset market making into a broader regulated offering for institutional investors.A recent study by the World Federation of Exchanges indicates that traditional exchanges still dominate price discovery for tokenized equities, highlighting the challenge for crypto-native venues seeking a larger role in that segment. LO:TECH has partnerships with platforms including Hyperliquid, Binance, Bybit and OKX, which could support its cross-market expansion as competition in institutional crypto execution intensifies.
Our earlier article on Chariot Claims’ $10 million Series A explained how the legal-tech startup is using fresh funding to hire and build AI-driven tools that speed up high-volume consumer claim review with partner law firms. We also noted that the raise sits within a broader legal-tech funding boom, as investors continue backing automation-focused platforms amid rising consumer disputes over privacy, fees and hard-to-cancel subscriptions.