BlockBeats News, August 21, according to The Block, London-based digital asset trading company LO:TECH has completed a $5 million seed round of financing, led by 13books Capital, with participation from Lightspeed Faction, Veris Ventures, CRIT Ventures USA, and angel investors Mark Ransford and Rodney Ngone. The company stated that the funds will be used to expand its on-chain capital market high-frequency trading business.