[CoinDesk] LO:TECH raises $12 million to expand crypto trading into U.S. and Asia LO:TECH ...
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London-based trading firm LO:TECH has raised $12 million to expand its crypto trading operations into the U.S. and Asia. The company is betting on round-the-clock tokenized stock trading, though it did not disclose whether it currently trades those instruments. The raise comes as a World Federation of Exchanges study found that traditional stock exchanges still set prices even as tokenized equities gain traction. The funding positions LO:TECH to compete in the growing market for 24/7 trading of tokenized real-world assets. What to watch next is whether LO:TECH confirms live tokenized stock trading and how its U.S. and Asia expansion unfolds.
Muhabbit's AI wrote this summary in its own words from Telegram's report. It can get details wrong, so check the source.
Named in this story
LO:TECH, United States, Asia, World Federation of Exchanges