Theo Secures $20 Million Funding for Advanced Crypto Trading Infrastructure
The crypto trading infrastructure startup, Theo, has secured $20 million in a funding round co-led by Hack VC and Anthos Capital. Notable participants included investors from Citadel, Jane Street, and JPMorgan.
Theo aims to develop a platform for retail users to deposit digital assets into strategy-specific vaults. These vaults will offer advanced trading strategies such as:
- Arbitrage
- Hedging
- Cross-chain funding rate optimization
The platform operates on a custom validator network for trade execution across centralized and decentralized exchanges, enforcing margin requirements and overcollateralization.
Founded by former quant traders from Optiver and IMC, Theo seeks to address inefficiencies in the current crypto markets. The infrastructure allows trading firms to enhance capital efficiency by utilizing user-deposited funds, potentially increasing returns while managing execution and risk.