Lukka, a crypto-focused software company, raises $110M and reaches $1.3B valuation

Lukka stated that it would use the funds to “aggressive growth” and “global expansion strategy” with its existing customer base who deal in products related to crypto space.
Lukka, a cryptocurrency accounting company and data company, announced that it raised $110m in a new round of funding. It was led by Marshall Wace and included participation from Soros Fund Management, a fund founded by billionaire investor George Soros. Lukka stated that it plans to use the funds to “aggressive growth” and “global expansion strategy” with its current customers who deal in derivatives, decentralized financing, and other products related the crypto space. The company also added State Street, the major accounting firm RSM, and S&P Dow Jones Indices to its customer list in 2021. It recently achieved unicorn status, with a valuation of more than $1 billion. Lukka is a service provider to many active crypto funds. It has processed $2.1 trillion in unique transactions. Related: Lukka’s Co-CEO explains how blockchain data saves taxes. Lukka was founded in New York in 2014. The company offers blockchain and tokenized asset information to assist businesses in the crypto space. Lukka offers tax solutions and data valuations for a digital asset library.

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