Company Announcements

Lukka Appoints FINRA Chairperson Eileen Murray as Key Strategic Advisor

Murray brings knowledge, expertise, and relationships in traditional finance to help drive Lukka’s growth

NEW YORK--(BUSINESS WIRE)--Feb. 22, 2021-- Lukka, the leading crypto asset software and data provider, announced today that it has appointed Eileen Murray, Chairperson of FINRA and Former Co-CEO of Bridgewater Associates LP, to its advisory board. Murray brings knowledge and expertise in financial markets and long-standing industry relationships to Lukka as the company looks to expand its existing footprint within the traditional financial ecosystem.

Lukka’s software and data solutions turn complex blockchain and crypto asset data into easy-to-use information so that businesses can support traditional middle and back-office operations. Lukka’s focus on institutional-quality technology standards and controls coupled with an Advisor team of thought leaders with experience in standard setting has enabled the company to build an impressive list of partners. Murray follows other notable advisors including Bob Herz, Former FASB Chair and Gerard (Rod) Brennan, Former Siemens Risk and Audit Control Officer and Adjunct Audit Professor at Rutgers University MBA Program.

Lukka has been planning for the mainstream adoption of crypto into the financial services industry for years and we are now watching it happen rapidly,said Robert Materazzi, Lukka’s CEO. “Part of working with traditional financial institutions is keeping risk top of mind. Lukka has built its institutional data and software products with existing trusted frameworks such as AICPA Service Organization Company (SOC) standards and by forming an advisor team that has lived through large scale industry changes before. As an industry, we know we need to write new rules to accommodate crypto and we want to be thoughtful when doing so. Advisors like Eileen Murray bring deep industry experience that is critical to incorporate into our strategy as we lay the foundation for crypto middle and back office operations.

Eileen Murray brings decades of experience in financial services. In addition to her former role as the Co-CEO of Bridgewater Associates LP, Murray is the Chairperson of the Financial Industry Regulatory Authority (FINRA). She will work closely with Lukka to help build relationships with standard setters, regulatory bodies and traditional financial institutions as well as advise on Lukka’s diversity initiatives.

I am excited to help Lukka in its mission to develop and deploy a trusted infrastructure to support digital assets,said Murray. “Robert and his team have demonstrated great vision and thoughtful approach to connecting legacy systems with blockchain technology, and I look forward to working with them on that effort.

The announcement of these two new advisors follows Lukka’s recent completion of their Series C investment round led by State Street Corporation (NYSE:STT) with participation from S&P Global (NYSE:SPGI), and CPA.com, the business and technology subsidiary of the AICPA. Lukka also recently announced that they will supply their proprietary crypto asset pricing data to S&P DJI to support custom and branded indices.

About Lukka:
Founded in 2014, Lukka serves the largest digital asset institutions with middle and back office software & data solutions. Lukka bridges the gap between the complexities of blockchain data and traditional business needs. Its customers include Digital Asset Exchanges and Trading Desks; CPA & Accounting Firms, Fund and Financial Auditors, Fund Administrators, Miners, Protocols, individuals and more. All of Lukka’s products are created with institutional standards, such as AICPA SOC Controls, which focus on accuracy and completeness. Lukka is based in New York City. For information about Lukka, visit https://lukka.tech/.

Darius Goore
lukka@wachsman.com

Source: Lukka