LO:TECH has raised $12 million in Series A funding led by MMC to expand into the US and Asia-Pacific and grow its execution services for institutional clients. The London-based capital markets firm is building a business around trading that runs across traditional, digital and prediction markets, with infrastructure designed for round-the-clock access.
Key takeaways
MMC led the round, with Faction, 13 Books Capital and Atka participating.
LO:TECH’s expansion plans include New York and Singapore.
The firm is exploring US licences alongside its execution-services rollout.
LO:TECH’s Series A funding brings backing from MMC and returning investors
MMC led LO:TECH’s Series A funding round , while existing investors Faction and 13 Books Capital participated alongside Atka. The capital will support geographic expansion and the growth of execution services for institutional clients, LO:TECH said.
Ollie Ricards, Partner at MMC, said the business delivered triple-digit revenue growth over the past year despite difficult crypto market conditions. He described the investment as part of MMC’s broader interest in blockchain-based financial infrastructure and the benefits it sees in tokenised real-world assets.
Ricards said the shift toward trading venues that operate continuously presents an opportunity for LO:TECH to supply the infrastructure those markets need.
New York and Singapore expansion includes execution services
LO:TECH plans to enter the US and Asia-Pacific , including New York and Singapore, while expanding services across traditional, digital and prediction markets. Its execution offering uses access across trading venues to help clients trade more efficiently, the firm said.
LO:TECH’s Series A funding will also support growth in its institutional execution business. In addition to this expansion, the firm plans to pursue regulatory status in the markets in which it operates and is looking into obtaining licences in the US .
Marcus Horsley, CTO and Co-Founder of LO:TECH, said fintech and digital asset platforms are entering areas previously dominated by Wall Street and need trading partners equipped for those markets. He argued that a capital markets business with roots in digital assets can compete with major traditional finance firms from London.
Round-the-clock infrastructure connects digital and tokenised markets
LO:TECH designed its trading infrastructure to support 24/7, onchain, multi-asset markets , aiming to deliver liquidity and execution for both digital assets and tokenised traditional assets. The system was designed to work across venues and asset classes rather than around fixed trading hours.
“The best trading firms in the world are technologically advanced, but they grew up on top of traditional market infrastructure. We built ours from scratch for markets that run 24/7, onchain and across every asset class,” said Tim Meggs, CEO and Co-Founder of LO:TECH.
This approach reflects diverging trends in crypto and tokenised assets. Between peak and trough in the year leading up to June 2026, Bitcoin dropped by about $62,000 , and overall crypto market capitalisation declined roughly 50%.
During roughly the same timeframe, tokenised real-world assets on public blockchains nearly doubled in value, rising from about $20.6 billion to $38 billion , as reported by RWA.xyz. Meanwhile, tokenised equities grew from near $960 million in March to $3.2 billion by late September.
According to Meggs, the company’s round-the-clock infrastructure, combined with its team’s experience in traditional markets, positions it well to bridge these two worlds.
Intercontinental Exchange, the owner of NYSE, revealed a joint venture with crypto exchange OKX in June, aiming to provide OKX customers with access to NYSE tokenised equities pending regulatory approval.
Article produced with the assistance of artificial intelligence and reviewed by the editorial team.
