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Web3 Graveyard
InsolventCentralized cryptocurrency exchangeCustodial2013–2024

Lykke

A Swiss exchange also operated in the UK

A cryptocurrency trading company serving retail and institutional customers.

Capital raised (announced)
Reported figures differ

Funding

RoundDateAnnouncedInvestors
Angel Round15 June 2016Not disclosed
Reported financing (instrument unspecified)13 September 2016Not disclosed
Reported financing (instrument unspecified)5 March 2017Not disclosed
ICO14 December 2017Not disclosed
Series A24 September 2018Not disclosed

Announced is what was said at the time. Cash actually received is rarely disclosed and is not assumed to match.

People

NameRolePeriodNowLast checked
Richard Olsen—Innovator, Intrinsic TimeOct 2026

How it ended

CB Insights records Lykke’s bankruptcy in December 2024. DL News had reported a trading halt in June after the exchange disclosed unauthorized access.

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Sources

5 sources behind this page.

  1. 1Lykke company profile and bankruptcy · CB Insights
  2. 2Lykke financing observations · DeFiLlama · user-editable
  3. 3Lykke reports unauthorized access and trading halt · DL News · Jun 2024
  4. 4Richard Olsen, Lykke founder and CEO · finews.com · Oct 2018
  5. 5Richard Olsen professional career profile · RocketReach

Every figure above is clickable and opens the sources behind it. Copies were stored when each source was read, so a citation still resolves after the page it came from is gone.