Lukka, the global blockchain data provider, announced that Animoca Brands has chosen Lukka as an enterprise data management provider.
In addition, Animoca Capital, a growth equity fund “focusing on mid-to-late stage Web3 companies which is partnered with Animoca Brands, has made a strategic investment into Lukka.”
As part of the partnership, Animoca Brands will “leverage Lukka’s Enterprise Data Management Software to support audit-ready crypto asset financial reconciliation and reporting globally across multiple business entities.”
The commercial partnership between Animoca Brands and Lukka will “enhance Animoca Brands’ capabilities in managing and analyzing blockchain data across its extensive portfolio of products and investments.”
Lukka’s Enterprise Data Management Software will provide Animoca Brands “with robust financial tools for handling complex crypto asset data, while its Blockchain Analytics and Investigations SaaS will offer advanced insights to support compliance, AML, and investigative functions.”
Homer Sun, managing partner of Animoca Capital, commented:
“We’re very pleased to be able to support Lukka as a strategic shareholder. The team’s expertise in blockchain data management and analytics aligns perfectly with our and the wider group’s vision for the future of digital ownership and decentralized technologies. Our investment in Lukka underscores our confidence in its institutional-grade solutions and our shared goals to facilitate broad-scale adoption of Web3.”
Robert Materazzi, CEO of Lukka, commented:
“We are proud to partner with the visionary team at Animoca Brands, a company that stands at the forefront of Web3 innovation. Animoca Brands has invested in hundreds of Web3 businesses, many of which handle some of the world’s most complex data; the Lukka team is well-positioned to also support these businesses with our advanced enterprise data solutions. Together, we aim to continuously innovate responsibly, tackling business challenges ranging from crypto asset valuations to on-chain investigations with trusted and independently audited data solutions.”
Despite the low level of mainstream knowledge about crypto and blockchain in traditional businesses, this partnership highlights “that there are advanced technical solutions today, such as those offered by Lukka, that can keep a business risk mature, compliant, and audit-ready.”
The adoption of crypto assets is accelerated “by the vision of innovative companies such as Animoca Brands, and this requires data that can be trusted.”
Lukka is on a non-stop mission to “provide innovators with mature data products.”
Animoca Capital is a growth equity fund focused “on mid-to-late stage companies that are leveraging blockchain technologies and applications.”
The fund is partnered with Animoca Brands, “a global leader and investor in Web3 and blockchain.”
Founded in 2014, Lukka serves “the most risk-mature businesses in the world with enterprise data and software solutions.”
As a global team, headquartered in the United States, Lukka “solves financial, risk, compliance, and trade finance use cases that are complicated by the characteristics of blockchain data.”