Overview

• Theo has raised $20 million in a funding round co-led by Hack VC and Anthos Capital, with participation from prominent firms like Citadel, Jane Street, and JPMorgan.
• The startup plans to use the funds to enhance its custom validator network, which enforces robust risk controls and facilitates trades across centralized and decentralized exchanges.
• Theo's platform democratizes access to advanced trading strategies, enabling retail users to benefit from tools typically reserved for institutions, such as arbitrage and delta-neutral hedging.
• The company currently manages nearly $29 million in total value locked across four blockchains and aims to grow its user base and regulatory compliance capabilities.
• Founded by ex-Optiver and IMC quant traders, Theo is positioning itself to bridge the gap between retail and institutional crypto trading with a focus on safety and accessibility.