New York-based software and data company, Lukka recently celebrated the opening of its new office in Zug, Switzerland, a press release reported.
"We have been receiving constant requests for local support from our existing customers and have been very impressed with the innovation and risk maturity of companies based in Zug or that have moved there," CEO of Lukka, Robert Materazzi, said. "We are proud to establish our European headquarters in Zug and to be able to support our growing community through a local office.”
The new European establishment will recruit local sales and operations professionals to help serve new and existing clients in the region.
The expansion comes as global financial institutions become increasingly interested in crypto-assets, many of which have selected Lukka to serve their crypto technological needs.
The company is the only business of its kind to fulfill the technical control needs of AICPA's SOC 1 Type II and SOC 2 Type II, as well as other data and software product frameworks. Its catalog of partners includes State Street, eToro, Circle, Bloomberg, S&P Global and hundreds of other traditional and crypto-based businesses.