Theo Raises $20M to Develop On-Chain Trading Platform for Institutions

Theo has secured $20 million in funding from a diverse range of investors, including Hack VC and Anthos Capital, to launch its on-chain HFT platform. This initiative will integrate institutional-grade strategies into blockchain networks. The platform is spearheaded by former quant traders from leading financial institutions such as Coinbase, Jump Trading, and Citadel Securities. 20 million USD in funding aims to develop a more accessible platform for both retail and institutional investors through advanced trading tools.