Lukka, the institutional crypto asset data and data management provider, has acquired the Web3 blockchain analytics capability, Venato. As part of the acquisition, Lukka is bringing in Venato’s R&D and engineering team with deep blockchain, Web3, and decentralized finance (DeFi) development experience to build out existing capabilities and integrate the platform with existing Lukka products.
Lukka’s acquisition of Venato’s capability and employees give it access to an intelligent framework to tag and identify DeFi transactions, an analytical engine with profit and loss tracking, and a search and aggregate feature for blockchain transactions. By acquiring Venato, Lukka can provide further clarity to its DeFi data sets, enabling more advanced risk processes supporting its current data collection and reporting capabilities as a result of the 90+ protocols Venato supports.