Lukka, a Naples, FL-based institutional crypto asset data and data management provider, acquired Venato, a provider of a Web3 blockchain analytics capability solutions.
The amount of the deal was not disclosed.
With the acquisition, Lukka will have access to an intelligent framework to tag and identify DeFi transactions, an analytical engine with innovative profit and loss tracking, as well as a search and aggregate feature for blockchain transactions. Lukka will further add clarity to its DeFi data sets, enabling more advanced risk processes supporting its current data collection and reporting capabilities because of the 90+ protocols Venato supports.
As part of the deal, Lukka is bringing in Venato’s R&D and Engineering team with deep blockchain, Web3, and decentralized finance (DeFi) development experience to further build out existing capabilities and integrate it with existing Lukka products.
Founded in 2014, Lukka provides risk mature businesses with institutional data and software solutions that bridge the gap between the complexities of blockchain data and traditional business needs. Customers include both Traditional and Crypto Asset Exchanges and Trading desks, CPA & Accounting Firms, Fund and Financial Auditors, Fund Administrators, Miners, Protocols, individuals, and any other businesses interacting with cryptoassets.
Lukka is a global company with offices around the world, including Zug, Switzerland, and Singapore.
FinSMEs
17/02/2023