Lukka, a renowned global provider of blockchain data, has announced a significant partnership with Animoca Brands. This collaboration designates Lukka as the enterprise data management provider for Animoca Brands. Additionally, Animoca Capital, a growth equity fund affiliated with Animoca Brands and focusing on mid-to-late stage Web3 companies, has made a strategic investment in Lukka.
As part of this partnership, Animoca Brands will utilize Lukka’s Enterprise Data Management Software to enhance its capabilities in audit-ready crypto asset financial reconciliation and reporting across multiple business entities worldwide. This move is set to significantly improve Animoca Brands’ management and analysis of blockchain data within its extensive portfolio of products and investments.
Advanced Financial Tools and Compliance Support
Lukka’s Enterprise Data Management Software will equip Animoca Brands with sophisticated financial tools designed to handle complex crypto asset data. Additionally, Lukka’s Blockchain Analytics and Investigations SaaS will provide advanced insights to support compliance, anti-money laundering (AML), and investigative functions.
Homer Sun, managing partner of Animoca Capital, emphasized the importance of supporting Lukka as a strategic shareholder. He noted that the expertise in blockchain data management and analytics offered by Lukka aligns perfectly with the vision for the future of digital ownership and decentralized technologies held by Animoca Brands and its broader group. The investment in Lukka reflects confidence in its institutional-grade solutions and a shared commitment to facilitating the widespread adoption of Web3 technologies.
Robert Materazzi, CEO of Lukka, expressed pride in partnering with Animoca Brands, recognizing the company as a leader in Web3 innovation. He highlighted that Animoca Brands has invested in numerous Web3 businesses, many of which handle some of the world’s most complex data. Lukka is well-positioned to support these businesses with its advanced enterprise data solutions, aiming to innovate responsibly and address challenges from crypto asset valuations to on-chain investigations with trusted and independently audited data solutions.
Accelerating Crypto Adoption with Trusted Data
Despite the limited mainstream understanding of crypto and blockchain in traditional business environments, this partnership underscores the availability of advanced technical solutions like those provided by Lukka. These solutions are crucial for maintaining business risk maturity, compliance, and audit readiness. The adoption of crypto assets is driven by the vision of innovative companies such as Animoca Brands, necessitating reliable data to support this growth.
Lukka is committed to delivering mature data products to innovators, continuously supporting the adoption and integration of blockchain technologies in various industries. Founded in 2014, Lukka has been serving some of the most risk-mature businesses globally with its enterprise data and software solutions. Headquartered in the United States, Lukka addresses financial, risk, compliance, and trade finance use cases that are complicated by the unique characteristics of blockchain data.
Vision for the Future of Digital Ownership
Animoca Capital focuses on mid-to-late stage companies leveraging blockchain technologies and applications. Partnered with Animoca Brands, a global leader and investor in Web3 and blockchain, the fund is dedicated to supporting companies that are pioneering advancements in these fields. This partnership with Lukka is a testament to Animoca Brands’ commitment to innovation and its strategic approach to enhancing its blockchain capabilities through collaboration with leading technology providers.
The collaboration between Animoca Brands and Lukka marks a significant step towards advancing blockchain data management and supporting the growth and adoption of Web3 technologies. By leveraging Lukka’s advanced solutions, Animoca Brands aims to set new standards in financial reconciliation, compliance, and data analysis within the blockchain industry. This partnership is poised to contribute significantly to the broader adoption and integration of blockchain technologies across various sectors.