Investing in Lumina

We are delighted to welcome Lumina, a digital assets prime dealer and portfolio management platform, to the Craft keiretsu of crypto companies.

Our investment in Lumina reflects Craft’s belief that one of the most powerful applications of blockchain will be to create a new kind of global, digital capital market. Reflecting this thesis, Craft invested in Harbor for compliant issuance of security tokens and BitGo for institutional custody. Similarly, Lumina is an essential “picks and shovels” company for institutional participation in crypto.

Today’s family offices and hedge funds face a number of challenges when it comes to trading and managing their crypto portfolios. On the trading front, siloed liquidity, opaque execution, and questionable compliance deter entry. On the management front, Excel and manual workflows are still the de facto solution. These infrastructure and usability problems, which have been long solved in traditional finance, still need to be addressed in crypto. Lumina solves these problems.

We are especially excited about Lumina because it is a product we use ourselves. Lumina gets us the best prices on trades, gives us precise visibility into our portfolio, and drastically simplifies our crypto accounting. This all happens within its beautiful interface, which creates a user experience that is not only fast and effective, but delightful.

With a deep network of investors and advisors, key partnerships across crypto compliance, custody, and exchanges, and a stellar founding team — Lumina is off to a great start.