Cryptocurrency accounting and computer firm Lukka said it has raised $110 million in a new funding round led by hedge fund giant Marshall Weiss.

In Friday’s announcement, Luca revealed that they have completed a $110 million electronic funding round led by Marshall Weiss with participation from Soros Fund Management, a fund set up by billionaire investor George Soros, Liberty City Ventures, S&P Global and accounting. CPA Consultant. com. Lukka said he plans to use the funds for a “robust growth and global expansion strategy” with his existing client base trading derivatives, decentralized finance and other crypto-related products.

Robert Materazzi, CEO of Lukka, said that the cryptocurrency ecosystem has entered a “new phase of maturity” and that the company is committed to addressing the challenges posed by innovative technologies in the industry. In 2021, the company added indexes of S&P Dow Jones, major accounting firm RSM, and State Street finance firm to its client list.

The crypto-focused software company announced a $53 million raise in March 2021 and recently earned more than $1 billion from unicorn status. Lukka serves several active crypto funds and has processed $2.1 trillion worth of unique transactions to date.

Related: Co-CEO Luca Explains How Blockchain Data Keeps Taxes

Founded in 2014, it is a New York-based company dedicated to providing blockchain and token asset data to aid crypto businesses. Lukka’s products include tax and data valuation solutions, as well as a content library for digital assets.

Source: CoinTelegraph