London-based LO:TECH lands $12M Series A led by MMC

London-based LO:TECH, a capital markets firm built for round-the-clock and
onchain markets, has raised $12 million in a Series A funding round led by MMC,
with participation from existing investors Faction and 13 Books Capital,
alongside Atka.

Founded by Tim Meggs
(CEO) and Marcus Horsley (CTO), LO:TECH develops trading infrastructure
designed to operate continuously across different venues and asset classes,
including traditional financial markets, digital assets and prediction markets.

Traditional capital
markets have historically operated within fixed trading hours, while digital
asset markets function around the clock. As financial markets evolve and more
assets become available on blockchain-based platforms, trading firms face growing
demand for infrastructure capable of operating across both traditional and
digital markets.

LO:TECH aims to
address this shift by providing liquidity and execution services that help
institutional clients trade more efficiently. Its newly launched execution
services draw on its infrastructure’s ability to operate across traditional,
digital and prediction markets.

Capital
markets were built for a world that opened at 8am and closed at 4.30pm. That’s
not how risk is traded any more. 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.

The funding comes
amid changes in digital asset markets, with growing interest in tokenised
traditional financial assets. While the broader cryptocurrency market
experienced a downturn in the first half of 2026, tokenised real-world assets
continued to grow.

As traditional
finance and blockchain-based markets become increasingly interconnected, LO:TECH
aims to support trading activity across both markets, providing infrastructure
and execution services for digital assets and tokenised traditional financial
instruments.

Marcus Horsley, CTO
and co-founder of LO:TECH, added:

Fintech and
digital asset platforms are moving into territory that used to belong to Wall
Street. To do that well, they need trading partners built for how these markets
actually work. There is room for a capital markets firm that grew up in digital
assets to compete with the largest names in traditional finance, and we think
that firm can be built in London.

The new capital will
support LO:TECH ‘s expansion into the US and Asia-Pacific, with plans to
establish a presence in New York and Singapore. LO:TECH also intends to expand
its execution services for institutional clients and pursue regulatory
authorisations in the markets it enters, including exploring licensing options
in the US.