Crypto Startup Theo Raises $20 Million to Expand Retail Access to Institutional Trading
Theo, a crypto trading infrastructure startup, has secured $20 million in a funding round backed by Hack VC and Anthos Capital. The investment saw participation from traditional finance heavyweights, including Citadel, Jane Street, and JPMorgan.
The capital will fuel Theo’s mission to democratize institutional-grade trading strategies for retail investors. The platform bridges the gap between traditional finance and decentralized crypto markets, offering sophisticated tools previously reserved for large-scale players.
"This marks a significant step in leveling the playing field," the announcement noted, emphasizing the growing convergence of traditional and crypto finance ecosystems.