Theo Raises $20M to Bring Hedge Fund Strategies to Retail Crypto Traders

In brief

  • Crypto infrastructure startup Theo raised $20 million in a round led by Hack VC and Anthos Capital, with backing from Citadel, Jane Street, and JPMorgan.
  • The firm aims to provide retail users with access to institutional-grade strategies like high-frequency arbitrage and delta-neutral hedging.
  • Theo says its platform offers yield-generating tools without requiring users to manage exchange accounts or interact directly with leverage.

Crypto infrastructure startup Theo has bagged $20 million to bring Wall Street-grade trading strategies to everyday investors.

The funding round—led by Hack VC and Anthos Capital—drew backing from some of the biggest names in traditional finance, including Citadel, Jane Street, and JPMorgan,…

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