London-based cryptocurrency market maker LO:TECH said MMC led its $12 million Series A funding round to support its expansion in the US and Asia-Pacific. LO:TECH plans to establish operations in New York and Singapore and expand its institutional trading business. LO:TECH announced that it will offer execution services across traditional markets, digital asset markets, and prediction markets, but clarified that the service launching on November 2 will cover only its existing digital asset business. LO:TECH said it will begin offering regulated services only after receiving approval; US licenses are still under consideration.