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

London-based capital markets firm LO:TECH has secured $12 million in a Series A funding round, led by MMC, with support from existing investors Faction, 13 Books Capital, and Atka. Founded by CEO Tim Meggs and CTO Marcus Horsley, LO:TECH specializes in developing trading infrastructure that operates continuously across various venues and asset classes, including traditional financial markets, digital assets, and prediction markets.

The shift towards 24/7 trading and the increasing availability of assets on blockchain-based platforms have created a growing demand for infrastructure capable of operating across both traditional and digital markets. LO:TECH aims to fill this gap by offering liquidity and execution services that enable institutional clients to trade more efficiently across multiple markets.

The newly launched execution services capitalize on LO:TECH's infrastructure, which can function across traditional, digital, and prediction markets. CEO and co-founder Tim Meggs emphasized that capital markets were originally built for a world with fixed trading hours, which no longer aligns with modern risk trading practices. LO:TECH's infrastructure is designed from the ground up to handle 24/7 trading and various asset classes.

The funding round comes as digital asset markets evolve, with increased interest in tokenized traditional financial assets. Despite the recent downturn in the broader cryptocurrency market during the first half of 2026, tokenized real-world assets have seen growth. As traditional finance and blockchain-based markets become more interconnected, LO:TECH intends to support trading activity across both realms by providing infrastructure and execution services for digital assets and tokenized traditional financial instruments.

CTO and co-founder Marcus Horsley noted that fintech and digital asset platforms are moving into areas traditionally dominated by Wall Street. To compete effectively, these platforms require trading partners built for the unique nature of these markets. LO:TECH believes that a capital markets firm grounded in digital assets can compete with the largest traditional finance institutions, with the firm potentially establishing a presence in New York and Singapore.

The new capital will be used to expand LO:TECH's operations globally and further develop its execution services for institutional clients, while also pursuing regulatory authorizations in the markets it enters.