Lykke raised 6 million CHF in 24 hours of LKK2Y token sale


Lykke, a Swiss FinTech company building a global marketplace on the blockchain, raised almost 6 million CHF in 24 hours of the Lykke 2-year forward (LKK2Y) token sale.


LKK2Y is a two-year forward, Ethereum-based token that grants the right to receive digital shares in Lykke Corp exactly two years after execution. “We are very pleased with these results,” said Richard Olsen, Lykke founder and CEO. “We are also heartened by the overwhelming support that we continue to receive for our trading platform and for the long-term goals of our company.”

The sale began at 12:00 on December 12 for whitelisted participants and at 14:00 on the same day for all qualified traders and lasted for 24 hours. The secondary market will be started on December 18.

Lykke is building a secure global marketplace for the exchange of all financial assets. Encouraging participation from all users, the Lykke Exchange levels the financial playing field through direct ownership of assets and immediate settlement of trades.

(Press release)