[Crypto High-Frequency Trading Firm LO:TECH Raises $12 Million in Series A Funding, Plans to Expand into New York and Singapore] According to TFN, London-based high-frequency trading and market maker LO:TECH has raised $12 million in Series A funding, led by MMC, with participation from Faction, 13 Books Capital, and new investor Atka. The company plans to use the funding to expand into the New York and Singapore markets and further develop its trade execution services in traditional finance, digital assets, and prediction markets. Founded by Tim Meggs, Marcus Horsley, and Alex Williams, LO:TECH focuses on high-frequency trading and liquidity provision, executing tens of thousands of trades per second. Its business encompasses proprietary trading, market data distribution, and trading technology services, and it has already obtained a Kalshi data distributor license.