The digital asset trade company based in London LO: Tech has lifted $ 5 million In a seed round led by 13Books CapitalThe financing that, according to the company, will speed up its ambition to build uniform, high -frequency infrastructure for the capital markets on the chains of the near future. Other investors were Speed” Veris Ventures” Crit Ventures USAand angel investors Mark Ransford And Rodney Ngone.
LO: Tech said the capital will be used to extend its high -frequency trading pile into a wider series of services. The company is planning to add The execution of the office And OTC trade According to its existing market data and liquidity facility, where the increase is described as the next step in its development as a trading agency built for the coming movement of the activities of capital markets on blockchain rails.
‘LO: Tech was founded with the ambition of building uniform, high-frequency trade infrastructure that would seamlessly operate on centralized, defici and tradfi locations,” said Tim Meggs, CEO by LO: Tech. ‘A year after we came from Stealth, we validated our approach by standing on a number of income -producing business lines, all built on top of this core infrastructure. This investment round, led by 13Books Capital – a leading UK Fintech Venture Investor – is particularly exciting because it enables us to tackle the next phase of our evolution, which extends our activity with more services in the field of capital markets, including Bureau version and OTC trade.“
The increase comes alongside LO: Tech’s efforts to promote more transparency in digital asset markets. Last week the company published his State of Crypto Market Making 2025 Report, which emphasized the distrust of liquidity providers in the crypto community. Research in more than 2,000 participants from 98 countries showed that the research 52% said they don’t trust market makersAnd 70% said they would prosecute them for their impact on the ecosystem. LO: Tech said that the principles of real -time visibility that are set out in the report are being expanded to its wider product trout map.
Lead -investor 13Books Capital Has a track record of starting fintech and infrastructure startups. Partner Michael Mcfadgen Said Lo: Tech’s first principles approach was a key factor in the decision to lead the round.
‘We have invested in LO: Tech because they rebuild the infrastructure of the capital markets of first principles: fast, transparent and completely on-chain,“McFadgen said.”In a fragmented and often opaque industry, their focus is on improving performance and transparency in making token market a real distinctive factor. While settings enter the space, LO: Tech lays the rails that will provide the next generation of crypto markets and services.“
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