London-based cryptocurrency market maker LO:TECH disclosed that it secured $12 million in a Series A funding round headed by MMC, intended to scale its operations into the United States and the Asia-Pacific region while expanding its institutional trading division.
The company stated in its official announcement that prior backers Faction and 13 Books Capital also joined the round, alongside Atka, according to the company’s announcement. The enterprise intends to open offices in both New York and Singapore.
Furthermore, LO:TECH unveiled execution capabilities covering conventional, digital, and prediction markets, which the announcement noted as initiating on November 2. The organization clarified to CoinDesk that the actual rollout is more limited.
“What goes live on Nov. 2 falls within our existing activities, which are proprietary trading and providing liquidity in digital asset markets,” the business told CoinDesk. It added that it is separately pursuing regulatory authorization—without specifying the region—and will refrain from delivering regulated offerings prior to formal approval.
The enterprise asserts its goal is to supply liquidity and order execution for both cryptocurrencies and tokenized conventional assets, positioning itself strategically around a deficiency in tokenized equity markets.
An October 20 report by the World Federation of Exchanges indicated that conventional marketplaces continue to act as the primary drivers of price discovery for third-party tokenized equities. Whenever valuations drift apart, the tokens typically realign with the underlying shares.
This infrastructure limitation has additionally prompted oracle network Chainlink to introduce weekend and holiday pricing last week, leveraging perpetual futures pricing when standard markets are shut, with decentralized finance protocol Aave serving as its initial partner.
LO:TECH mentioned that it currently supplies liquidity on Hyperliquid, Binance, Bybit, and OKX, alongside what it labeled “all major RWA venues,” characterizing its monthly trading volume as “in the billions.” The firm opted not to reveal precise turnover figures, customer identities, or its internal pricing and hedging methods.
The organization reports that it supports over 50 institutional customers spanning market making, market information, and execution solutions. Within its press release supplied to CoinDesk, the company noted that its income has tripled and its workforce has expanded twofold since its August 2025 fundraising event.
The fresh funds will facilitate its international growth and execution operations, while American regulatory permissions remain under evaluation.
Originally published at https://www.coindesk.com/business/2026/11/03/lo-tech-raises-usd12-million-to-expand-crypto-trading-into-u-s-and-asia.
