Libra renames as Lukka

The crypto asset technology and data services company, Libra has been renamed as Lukka to accompany the firm’s expanded technology and data products.

As Lukka, the company will continue to pioneer the development of technologies that bridge the gap between the emerging crypto asset and traditional financial ecosystems.

The firm has been named after Luca Pacioli, the renaissance-era mathematician widely known as the father of modern accounting, it was revealed.

According to Lukka, they are modernising the way crypto asset financial information is collected, audited and transformed into actionable information.

The new and enhanced data products include Lukka reference data and Lukka pricing.

Jake Benson, Lukka CEO and founder, said: “As the world of cryptocurrencies evolves into crypto assets and tokenization, our solutions must also expand in their ability to make blockchain-based data work with existing business practices.”

He added: “Under our new name, we will continue to support the proliferation of crypto assets with our market-leading middle and back office platform, ‘Lukka Crypto Office’ while expanding our efforts into new data products.”