Theo Labs Secures $20M to Bridge Onchain Capital with Institutional Trading
Theo Labs, founded by ex-quant traders from Optiver and IMC Trading, has raised $20 million in seed funding to connect retail onchain capital with institutional trading infrastructure. The round was led by Hack VC and Anthos Capital, with participation from Citadel and Jane Street alumni.
The venture aims to democratize access to hedge fund-grade strategies for retail users, addressing fragmentation in crypto markets. Co-founders TK Kwon and the Pingle brothers bring proprietary trading expertise to the nascent onchain institutional ecosystem.