Lukka Closes Series C Funding

lukka

Lukka, a NYC-based crypto asset software and data provider, completed its Series C funding round of undisclosed amount.

The round was led by State Street Corporation (NYSE:STT) with participation from S&P Global (NYSE: SPGI), and CPA.com, the business and technology subsidiary of the AICPA.

The company intends to use the funds to continue to expand its existing institutional grade software and data products to traditional businesses and funds as they adopt crypto assets into their businesses and portfolios.

Led by Robert Materazzi, CEO, Lukka provides a software and data solutions that turn complex blockchain and crypto asset data into information so that businesses can support traditional middle and back-office operations. Lukka does this with industry-trusted technical control standards such as AICPA SOC Controls.

This announcement follows the recent news of Lukka supporting S&P Dow Jones Indices in the launch of crypto asset indexing and benchmarking solutions. This year, the company has also partnered with IHS Markit and dxFeed for redistribution of their data products: Lukka Reference Data and Lukka Prime, the world’s first fair market value pricing methodology for crypto assets. In 2019, Lukka became a preferred partner of CPA.com, bringing to market LukkaTax for Professionals, a software solution to assist tax professionals in serving clients that have crypto asset tax obligations.

FinSMEs

10/12/2020

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