Crypto Startup Raises $20 Million for Onchain HFT Platform

Web3 startup aPriori has secured a significant $20 million funding round to expand its platform, bringing high-frequency trading (HFT) onto the blockchain. The raise comes as institutional investors increasingly explore DeFi for yield opportunities and seek advanced trading infrastructure within this growing ecosystem. 2023’s aPriori is founded by former quant traders and engineers with expertise from Coinbase, Jump Trading, and Citadel Securities. The platform aims to tackle key challenges in onchain markets like wide spreads, miner extractable value (MEV) leakage, and toxic order flow.