HomeCrypto NewsAltcoinA Cryptocurrency Startup Reaches a Value of $1,3 Billion

A Cryptocurrency Startup Reaches a Value of $1,3 Billion

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A Cryptocurrency Startup Reaches a Value of $1,3 Billion

Lukka, a New York-based crypto data provider, raised $110 million in a Series E funding round and is currently valued at $1,3 billion, according to TheBlock.

Lukka's Series E round attracted many big players, such as Global Asset Manager Marshall Wace, Miami International Holdings, Summer Capital and SiriusPoint.

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Additionally, previous investors such as Soros Fund Management, Liberty City Ventures, S&P Global, and CPA.com also participated in the round, all of which contributed to Lukka's $53 million Series D round last month. 3 year 2021.

With new capital in hand, Lukka plans to expand globally. Lukka CEO Robert Materazzi said:

“The crypto industry is entering a new stage of maturity, so the demand for corporate data and software tools will grow even more.”

Founded in 2014, Lukka primarily serves institutional clients, the company typically provides data tools and software to cryptocurrency exchanges and miners…

“As cryptocurrencies and blockchain are redefining global commerce, Lukka is building the infrastructure for this future,” said Steven Binetter, portfolio manager at Marshall Wace.

“Lukka’s comprehensive suite of crypto-analytics, reporting and data solutions addresses critical rapidly evolving needs,” added Binetter.

The Series E round brings Lukka's total raised to date to over $200 million. In previous rounds, the company also raised about $90 million.

Lukka has entered the list of crypto startups with a valuation of over $1 billion. In Vietnam we also have some prominent crypto “unicorns”, for example Coin98 and Sky Mavis (the famous game developer Axie Infinity).

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