PANews reported on August 21 that London digital asset trading company LO:TECH announced the completion of a $5 million seed round of financing led by 13books Capital. Other investors include Lightspeed Faction, Veris Ventures, CRIT Ventures USA, and angel investors Mark Ransford and Rodney Ngone.

This round of funding will be used to expand its high-frequency trading technology, adding new agency execution and OTC services to support the future development of on-chain capital markets. Meanwhile, LO:TECH's "2025 Crypto Market Making Report" revealed that over half of respondents expressed distrust in market makers. The company is optimizing its product roadmap through real-time transparency.