Crypto Infrastructure Theo Raises $20M From Hack VC, Anthos Capital and Others
Crypto trading infrastructure startup, Theo, has raised a $20 million round co-led by Hack VC and Anthos Capital. Other participants included crypto-native firms and individual investors affiliated with traditional trading companies such as Citadel, Jane Street, and JPMorgan.
Theo is developing a system that allows retail users to deposit digital assets into strategy-specific vaults, according to a press release shared with CoinDesk. These vaults are designed to provide access to advanced trading strategies—including arbitrage, hedging, and cross-chain funding rate optimization—that are typically used by institutional players.
The platform operates on a custom validator network that facilitates trade execution across both centralized…