Soros Fund Backs Lukka’s $53 million Series D Funding Round

Lukka has raised nearly $75 million in the past year from investors including Soros, S&P Global, CPA.com and State Street, according to the company.

article-image

Robert Materazzi, CEO, Lukka

share
  • Soros Fund Management joins the likes of S&P Global and CPA.com in investing in the digital asset data provider
  • Lukka serves more than 200 active cryptocurrency funds and provides digital asset data to both traditional and cryptocurrency firms, including S&P Dow Jones Indices.

Digital asset data provider Lukka is cashing in big on bitcoin’s latest run. 

Billionaire investor George Soros’ fund has backed Lukka in a $53 million Series D fundraise, the fintech company announced Thursday. The announcement comes shortly after Lukka’s Series C fundraise, led by State Street, was finalized in December

“We were solicited to accept some more capital in order to accelerate pretty much everything that we were already doing, so we don’t have any crazy plans to reinvent our products or anything, honestly, we’ve already done that over the last 18 months,” Lukka Co-CEO Robert Materazzi told Blockworks. “This capital is really meant to help us continue to support our customers as the industry rapidly innovates.” 

Lukka currently serves more than 200 active cryptocurrency funds and provides digital asset data to both traditional and cryptocurrency firms, including S&P Dow Jones Indices. 

Institutional interest in digital assets has exploded over the past year, and it’s something that Materazzi saw coming. He made the decision to leave his financial services position at PwC in 2018. 

“I joined Lukka about two and a half years ago, and one of the reasons that I joined was because they were building products, software and data products that were meant to be for institutions,” said Materazzi. “It seems like it’s been a domino effect of press releases, and big, big companies like Tesla getting some exposure to Bitcoin to start, and then usually, the rest of the coins follow from there.” 

Last month, former Birdgewater Co-CEO Eileen Murray joined Lukka’s advisory board, demonstrating the recent trend of traditional finance players moving into the digital asset space. 

Lukka has raised nearly $75 million in the past year from investors including Soros, S&P Global, CPA.com and State Street, according to the company.

Tags

Decoding crypto and the markets. Daily, with Byron Gilliam.

Upcoming Events

Old Billingsgate

Mon - Wed, October 13 - 15, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

recent research

Flashnote Template (41).png

Research

We believe that few tokens at the application layer are diverging more from fundamentals than ZORA. Its fully-diluted P/S sits at 90x, pricing significant growth despite a consistent decline in weekly revenues since late July. We foresee an 80% decrease in protocol net margins due to a recent update to the fee structure that reduces trading fees from 3% to 1%, while boosting creators’ portion of the fee split. ZORA’s supply overhang also represents a near-term headwind, with 45% of ZORA’s supply (4.5B tokens or $350M at current prices) earmarked for the team & investors beginning to unlock on October 23, 2025 (36-month linear vesting schedule).

article-image

Insiders have the best information — markets should be willing to pay for it

article-image

The CFTC-regulated exchange is opening doors to crypto builders and traders through grants, partnerships, and new deposit options

by Blockworks /
article-image

DFS tells banking organizations to integrate blockchain monitoring tools to curb money laundering and sanctions risks

by Blockworks /
article-image

New short and long-term priorities include L1 gas boosts, ZK-EVMs, privacy reads, and a lean, quantum-resistant Ethereum

by Blockworks /
article-image

The new stBTC token redistributes Bitcoin gas fees to users, creating liquid yield without inflation or lockups

by Blockworks /
article-image

The reserve will collect protocol revenues to back W token, alongside new yield and unlock schedule

by Blockworks /